Scatec breaks down, but indicators suggest other wiseAmbivalent about this one. Scatec has broken downwards of its upwards trend, but RSI suggests that it could be due for another run.
Will be interesting to see where this goes. Stop loss at 232.
Polight LongGraph speaks for itself.
Although Polight has gone on a massive bull run lately, it broke above the ascending channel, and we can expect continued increase with new support found on the upper previous resistance level.
Notice the relationship between price increase and RSI breakout above the 50 mark approximately multiple times since the fall.
Interesting to see how far this can go.
STOCKS - Hexagon CompositesModel Forecast for HEX.OL:
- Model had produced entry signals for PLATINUM previously.
- Model has produced bullish signals for HEX.OL.
- The Hydrogen Strategies market and Platinum are highly correlated.
- Technically bullish, with Automatic Rally + Wyckoff Spring off of Demand Zone, which has been tested 3 times.
- 52.40% potential gain in underlying to top of the channel.
- Excess to higher channels are highly likely, as we expect a Hydrogen Boom due to global Clean Energy initiatives. We believe this is an excellent entry point for companies that would benefit from such a boom cycle.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
ZAPTEC Riding thee Elliot waves up till 53 NOK price areaAfter recently braking the downtrend I could easily see the ZAPTEC courting 53'ish on Elliot 5th
Nordic Semiconductor $NOD gets BUY (200) from DeutcheIf the stock breaks through 50 day SMA it looks like it could start a nice bullish movement
Kahot getting ready to pop- Has followed underlying trend for some time
- Softbank investment pushed it ahead of it for a while
- Careful ending of quarter for NAs100 + upcoming trading update perfect opportunity to shake out investors
- Expect to see it bounce back up ahead of trend on april 7th (trading update given)
- When NAS100 really turns in mid/late april I expect to see some tops above the trend, but trend will work as bottom going forward
- Lots of cash available for further M&A + has indicated that this will continue
TP at least 140 NOK by end of may, but could go 150-155 on market momentum or key acquisition
RECSIRECSI is looking bullish as we can see we are going all the way to 50kr at the technical analysis but we also have the fundamentals with us so we might go Evan higer.
Long in for ZAPTEC// Just for my own personal amusement and learning for Entry reasoning, Profit taking and stopploss setting
ZAPTEC was in daily downtrend that seems like stopping in previous S/R level 43-45 NOK
It broke up and now retested the area Mar 5th candle
Stop loss at March 5th candle bottom ie. 42.25 NOK
PT on Mar 12th Hig ie. 51.4 NOK .. Because this might give us drawback, if not enough energy to go straight above.
Will cash-out 50% out at this level and keep rest until trend change..
Ths will give us RR around 3.3
// Note.. This trade should have been taken already on March 19th candle closure, but did not notice this then.
Røkke and his secret weaponRøkke has it all, from Bitcoin to Oil. But what he does not have, but _has_, hiding in plain sight is the key for the next great mineral adventure in Norway.
In 2023 Tina Bru, current oil minister of Norway has stated that Norway will start subsea mining. Tests and core samples done have proven to be full of the minerals we need for battery tech and other valuable minerals such as Copper, Cobalt, Zink, Silver and Gold.
www.norskoljeoggass.no
www.npd.no
This adventure could possibly be the start of a new subsea era for Norway. And the tech for doing it is not optimal yet but it will be. So, my point in this post:
Its naive to think that Røkke is not positioning himself for this. Believe me, he is. And he ALREADY has everything for this adventure, sitting in plain sight in Akastor.
What do I mean? Ill tell you.
Akastor is currently a 4-5 part company. They have vessels all on contract in Brazil and Norway. They have AGR - subsea pumps and so on. They own a massive amount of shares in Odfjell. And the main focus is in MHWirth. So, yesterday Green Minerals/Seabird Expl went for trading on Growth. But wont have anything ready yet. Hence, researching Akastor and the main focus MHWirth they have a sub category:
mhwirth.com
www.deepsea-mining-alliance.com
All Im saying is this, if Røkke wants in on subsea mining, which he most likely wants to. He already has it and noone knows.
Im not posting this as a Long or Short, the chart above will show a likely pathway, and if it happens, this is where I will buy my tits off and sit for the subsea mining adventure beginning in 2023!
Good luck.
SOFTOX $SOFTX HAS COMPLETED ENROLMENT INTO #SWIS STUDY
SOFTOX HAS COMPLETED ENROLMENT OF SOFTOX WOUND IRRIGATION SOLUTION CONFIRMATORY STUDY (SWIS-02)
SoftOx Solutions AS ("SoftOx") is pleased to announce that the enrolment of
study participants for the clinical investigation «SWIS-02» has been completed.
The study, which has been conducted at Bispebjerg University Hospital is a
confirmatory clinical investigation to document safety and performance of SoftOx
Wound Irrigation Solution ("SWIS") compared to Normal Saline (NS) in a human
wound model. It is a confirmative study and last of two clinical studies on "SWIS".
We are very pleased to have completed this enrolment because of the ongoing
lockdown in Denmark, which were affecting our recruitment pace. "With this
pivotal trial we are eagerly looking forward to examining and analyse the study
data and report on the results later in Q2-2021", says Glenn Gundersen, Medical
Director of SoftOx.
SWIS is under development to become a medical device intended for wound rinsing
and moistening to prevent infections in all types of acute wounds, such as
abrasions, cuts, burns and surgical wounds.
Saga Pure - If you can’t get a hold of Bergen CarbonIs this liquidation down trend over? Saga Pure, here I come. Probably the most interesting newcomer 2021 is heading for listing on Euronext Growth after easter. A green gem called bergencarbonsolutions.com Impossible to get a hold of shares. And imagine the day of listing. Mental it will be. So what better way to expose yourself, buy Saga Pure? Currently holding 30% of Bergen Carbons shares and options to buy more and more. Saga Pure is also so much more. I will buy my tits off. Remember, this is only my evaluation, so your own investment choices. Good luck :)
Long ADEdescending broadening wedge. speculating on a bounce on double support (pattern and horizontal support)
combined with fundamental analysis could be explosive
Quantafuel BUY A very interesting company, that has had a declining stock price for the past couple of months even though nothing negative has affected the fundamentals of the company.
The company could be very interesting in the long term, and has dropped more than 6% today without any fundamental reason.
Technical reasons for my buying decision
1. price entered support zone
2. Bounced off the POC level of the volume profile on the 4H chart
3: Price has reached the 50% fibonacci retracement level today
4: Price is oversold according to RSI on the 4H chart
TP 1: I will look at how it reacts around the double top (around 80 NOK) if it breaks I will continue holding the stock.
(I own the stock myself, please use this information responsible)
Kitron $KIT ambitious guiding for 2025 Kitron increases its 2025 revenue target from NOK 5 billion to NOK 6 billion.
The company also raises its 2025 EBIT margin target from 7 to 8 percent.
Is hydrogen the future?NEL has increased its value by 250% in the last year.
The Norwegian government has set a target of reducing their greenhouse gas emissions by 90 to 95 percent.
Is it time to invest in production of hydrogen as being the renewable fuel of the future?
Third wave forming on ELK?Seems like a perfect bounce of the 0.618 fib level, which also coincides with the 50-day SMA. I'm new to EW theory but this seems like a clean third wave to me.
Should be vs could be valuation. JinhuiWow. The market frenzy has not fully reached out for the dry bulk shipping yet. Even though it looks like it has it surely hasnt yet. To illustrate this Jinhui can easily be used as a prime example. To valuate Jinhui is easy. P/B 0,37 Loan to value ratio about 40% Sadly no dividents at the moment, but this will most likely come. Only once share issue. And also need to mention the elephant in the room, Supramax rate on Baltic Dry around 22.000 USD a day. Sure, Jinhui may not be a victim of these rates, because the fleet is old. But wait, the price on older vessels are actually the ones booming the most. Even if it looks like Jinhui has moved a lot lately, believe me, it has not, compared to potential. This chart is what I believe. Please do research. I will not post this as a long because I can not understand why the price action has been like this. But honestly maybe it has to do with the economic tabloids, and I believe the new buyers do not represent a whole lot of masterminds doing thorough research on the should be price vs could be price on a share. Please let this be start of the next supercycle, it sure looks like that. Ps. Zoom out, check valuation pre-covid and compare with vessel rates and do the same about todays price. Interesting, right?
SAGA PURE - Highflyer for next yearsSaga Pure changed their business philosophy.
Focused on renevable energy, decarbonization & recycling plastic. Further more engagements are expected
The company is as an Holding Company/Wealth Management Player engaged in following companies:
Bergen Carbon (carbon fibre production prototype in test, need time for industrial machines)
Horisont Energi (going public done)
Pryme (needs lot of money to be a market leader), Going public done
Everfuel (actual in correction)
Seems that correction is ahead. But afterwards bright future for Saga Pure seems possible.
Red Flag (2h chart) is typically for a continuation pattern. SAGE Pure still in there.
Idea for new investors:
Take positions below 3 NOK.
Dan/17.02.2021
3.88 NOK
Updated simple log trend with ceiling at 80 NOK. There are some wild swings in this stock. So far still positive news from the company. Progress is being made, but not as fast as the market want.
