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Embracer

A move down to 17 and 15, unless it reclaims 23.5Embracer could be forming a double bottom here, but it would need to get back above 23.5 first, where it has also confirmed a head and shoulders pattern targeting 17 and then 15. Should it move back above 23.5, it would still need to get above 30-31 before a double bottom could be confirmed. Should that occur, it could target the area where it was prior to the May crash.
OMXSTO:EMBRAC_BShort
by dudebruhwhoa
11
Triple BottomEmbracer may be forming a triple bottom here. Confirmation above the neckline, targets on the chart for 1x, 1.5x, and 2x measured moves up if confirmed.
OMXSTO:EMBRAC_BLong
by dudebruhwhoa
Embracer - Breakout or Double/Triple TopEmbracer will either re-test its top or head down from here and do any one of the following: if re-tests top: 1.) head back down to the bottom of the wedge around 220 sek 2.) break below the wedge forming a double or triple top and head down to 166 sek 3.) break above the top and continue up to the yellow line above it making a new all-time-high around 309 sek if no re-test of top: - option 1 or 2 only Of note - Leaning towards bearish scenario here considering that the largest volume sell that has ever occurred was on the previous weekly candle, which also happened to be a rather small candle relative to its massive volume, though bullish is still possible with recent acquisitions.
OMXSTO:EMBRAC_B
by dudebruhwhoa
Updated
33

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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