lördag 8 oktober 2016

Volvo in a bull trend, can it break 100?

After testing and failing to break through 100 in mid September, Volvo made a small retracement back to 96. However, since it is still trading above the rising trend line from the low in July the bull trend is still intact. The stage is set to break 100 for the first time in over a year.

If Volvo breaks 100 then the target price of 120 before the end of 2016 is a possibility.

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