nDam

Continuing bearish case, or bullish turn?

Long
nDam Aktualisiert   
OMXCOP:FLS   FLSMIDTH & CO. A/S
I see a good buying opportunity at these levels, especially for long investors.
We're not quite in the buy range, but were momentarily today.
The oversold RSI on the weekly and major double bottom is what I'm counting on for this bullish reversal.
115 is a critical level, and must hold for this bullish case to have any meaning according to Elliot wave.

I currently have not stake in this, but could be if we get closer to the double bottom, which would be very interesting.

Happy trading.
Kommentar:
So far soo good, but still not invested in this.
Seems like we've begun a rebound from the possible wave 2 bottom.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.