Zealand Pharma at a turning point? I think so...Looking at this with a long perspective in Log scale, it seems rather obvious that we're in an overbought area where we need a correction.
Previously we've seen large correction the years following such a peak, but is this time different? Maybe, but surely not before a correction of 30-40% from the top, then it might bounce up quickly and set a new trend, who knows?
Yet, learning from the trend, I've made my guess on the future of this stock, not knowing anything about their fundamentals or their pipeline.
Currently I would sit back and wait for a better entry point if you're interested in jumping on the train.
This has been a quick look, and always do your own DD.
Happy trading.
Is Danske trending back up?As we can see on the following chart, OMXCOP:DANSKE is moving in a textbook ascending triangle. If this plays out we may have a perfect cup and handle in the making boys and girls, meaning that a clear uptrend indeed is in the making from a TA aspect. Due to all the other aspects OMXCOP:DANSKE may indeed still be in trouble due to the money laundering and other recent bad news. But is this already priced in? We've already had a 60-70% retrace since the shit hit the fan.
The OMXCOP:DANSKE is a LONG ticket for me.
Happy trading!
AMBU A/S ''long position''SWING TRADE
Position: long ''counter trend''
Entry: 99.30
Target: 117.00
Stop Loss: 95.30
Position open: 16/08-2019
Reason for entry: ABC pull back on lower time frame (Trading the bullish C-Wave) as price action and overall trend on higher time frame is bearish... Let's see how the trade rolles out...
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Christian Hansen, time to go upIf Christian Hansen break the point of 600 it has a great chance of reaching its former high. Look out for the break of 600
A new high jump // Wirtek Wirtek has now been very quiet and swung with 1-2 kr., and now it looks like it is going to new heights.
There accounts are good, and again this year, increased revenue is expected.
It could be the stock that just suddenly rose up and tested ATH at 10kr.
Wirtek is a company that makes software solutions