Copy-of-Shrek-on-DVD

Copy-of-Shrek-on-DVD

Good support at 35,50kr from the last dip as seen before aswell. Now the pump can begin, 11days until Arjo's interim report which will most likley give us good results.

Copy-of-Shrek-on-DVD Updated 

ARJO closed just over 40sek on Friday, which has been a strong roof since the middle of the 2nd quarter, resulting in a strong opening on Monday followed by alot of resistance but more support. Im hoping that they'll pump 10% to 44sek in at least a month.

Copy-of-Shrek-on-DVD

Björn Borg recently broke its negative trend since July. The main goal is to break the roof at 26,30kr, where the stock has had some resistance in the past. I believe we'll break the roof and continue upwards.

Copy-of-Shrek-on-DVD

H&M will soon release their new collection of clothes, a collaboration with ''Menwithclass'' who has nearly 5 million instagram followers. This means a lot of marketing on social media for their webshop, and also a lot of more sales. I expect they'll break the trend-roof in the near future.

Copy-of-Shrek-on-DVD

A closer look at the short run, we see that the 20 EMA Crossed the 50 EMA once and even the 200 once and then dipped, and it is close to cross it again. The upper trendline is a strong roof, and the trend is pointing down.

Copy-of-Shrek-on-DVD

The 20 EMA is close to crossing the 50 EMA. Previous trends (yellow vertical lines) with the same crossing the stock fell beteen 5-10%. I think at the start of 2019-08-12, the cadles will test the floor of the lower trendline or pitchfork, worst case scenario will be it going down to Fibonacci 23,6%-line, before bouncing back up. It is still a positive trend on...

Copy-of-Shrek-on-DVD

With the increasing prices on iron and decreasing prices on steel i still expect a downturn for SSAB until the first quarter of 2020. Part-time personnel are being reduced and a furnace got shut down recently. I expect a turn in the middle of the first quarter of 2020, it isnt ogre yet (shrek is life).