Trading idea: Long Saga PureGreen investment company Saga Pure has retraced from the peak earlier in the month after strong performance in December, due to general profit taking and a subsequent offering subscription period.
Idea/ Triggers:
* The subscription period ends January 27th.
* Saga Pure has reacted well to DeMark exhaustion signals previously.
* European buyers (Clearstream Banking Nominee acct) adding to on a daily basis in their pursuit for green investments. With regards to this being a trigger for potential continued price appreciation, look to the price appreciation in Norwegian hydrogen company NEL where the Clearstream Banking Nominee account is now the largest holder.
* Portfolio company, Horisont Energi, will be listing on Euronext Growth soon and might be a potential trigger. The share prize has doubled in the grey market after a successful offering in December.
Risk factor: Overall market is stretched on valuation and positioning, and a general risk off event is likely to impact small-caps.
NB! The company has more than NOK 500 mnok in cash looking for investments, and would use a price depreciation to buy stakes at discounted prices.
Solum Tempus Narrabo
TGSTGS will bounce back after sharp drop 20% because of 60 days ban order on seismic by new president in US.
NAPA - Bullish momentum - go to 18?Bullish momentum, would expect a small pullback before 9.5-ish where it should meet strong resistance. Further bullish support could bring the stock to 13-isd and 18 ish
ArcticZymes $AZT beautifull breakout above key resistance 75NOKInteresting to see Q4 report for ArcticZymes to learn more about the use of their cod enzymes in Covid 19 vaccines
Travel Revenge This is why I like to do technical analysis. One of the best opportunity to pocket huge money......Lets wait and see
CADLRCouple of weeks after IPO, it popped up and formed first bull flag pattern following a deep pull back to resistance and forming a triangle pattern.
waiting for second bull flag pattern... it is in range of penny stock in term of market cap.
It was suggested by DNB Bank. So, I got it on IPO and keep it up to now. Bu I will sell after second bull flag and rebuy it in pull back and keep it for long term!
BAKKA Forming a triangles pattern and might be blow out to 720 from current 580 and it might recover to before pandemic.
Also, according to pair trading in fish industry, It is cheaper than LSG and MOWI by comparing OSL:BAKKA/OSL:LSG, OSL:BAKKA/OSL:OSBFX, OSL:BAKKA/OSL:MOWI
Buy spots for short term continued upswingMy take on potential buy, or add spots, for a position.
I think we will see a setback before reaching further highs...
As illustrated, my guess would be that we move into a triangle pattern before narrowing into a breakout.
This is not a take on long term performance.
Good luck.
Thoughts about SAGALiquidity has been swiped twice, the trend is about to change direction. PATIENCE
