onsdag 28 september 2016

ABB can rise another 30%

ABB has been strong all year long and has been trading at the higher end of the Rising chanel since July. Right now we are testing the highs from 2015.

There has been talk about separating Power Grids from the main Company and list it as a separate Company. Some analysts see a 30% rise in the ABB share is this is to be confirmed. That would mean a target price of about 250 SEK.

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fredag 23 september 2016

New interesting feature at Easy Markets

I trade with several brokers for all sorts of reasons. Perhaps in the future I will post some Reviews of them here but for now I thought I would let you know about a nice new feature at Easy Markets. Now you can actually cancel a losing trade! Check out this video for more information.

Apple at the top of the trading range

Apple is currently trading at the top of its trading range. The stock made a strong move from the bottom of the range on September 12 all the way to the top where it went into a consolidation with a flag like pattern. This could be an indication of a further strong move.

onsdag 21 september 2016

Volvo at possible breakout level

Volvo is now trading at the level of the previous top in May. If it breaks 100 we could expect a climb to 120, perhaps even before the year is over.

tisdag 20 september 2016

NetEnt and Evolution Gaming get major upgrade

Handelsbanken (SHB) upgraded two Swedish gaming stocks today. NetEnt and Evolution Gaming (EVO). NetEnt, currently closing today at 76,65 SEK was given a target price of 114, which is 48,7% above Monday Close.

EVO was upgraded to 448 which is 63,8% above  Monday close of 273,50.

måndag 19 september 2016

Nasdaq update week 38

The consilidation of the Nasdaq has been at record levels and we are now trading above the highest levels of 2001. This looks promising and new record levels are to be expected.

Dow Jones update week 38

Dow Jones touches the rising support line where it has consolidated for a few days. The support looks strong and this could be the week for a continuation of the uptrend.

fredag 16 september 2016

Key Reversal Day on 3147 Property

A Key Reversal Day yesterday with the gap in MACD closening. Now the stock is up slightly. Interesting to see if it can break 6.10 in the beginning of next week.