scorpiris

scorpiris

Q1 is worse than analysts expected. YARA is in a declining trend until proven otherwise, according to graphs. Keep in mind, you need to do your own research and assessment before buying and selling. Note I have a position in YARA.

scorpiris Updated 

In December 2023, I purchased COSTCO to try PEAD (Post Earnings Announcement Drift). It's a swing trading strategy. Points in the algorithm I have followed: 2023.12.14: Q1 after the opening of the stock exchange (advance accounts). 2023.12.15: 658.82 – 630.78 = 28.04 => 4.45% > 4.15% Buy Wednesday 2023.12.20 and hold until Monday 2024.04.22. Buying and selling...

scorpiris Updated 

This is a continuation of my post on February 25. The price is now in a REC i.e. the price fluctuates between two lines that are not parallel. It's an expression of indecision – investors can't figure out whether to go up or down. There was a false break-up on May 7. At the time of break one could get the suspicion that the break would be false as there was no...

scorpiris

Cameco has descended through the floor in a rising trend and the price is approaching the SMA200. There are breaks down from a small double top and large double top. The small formation is supported well by volume, and the large one is to some extent supported by volume. Price momentum indicators incl. RSI have a weak trend and stand in the short term on sell....

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NVIDIA is still in an upward trend even though current price drop. Price > SMA50 > SMA100 > SMA200. Has by classical technical analysis been overbought on RSI(14), but is not now. The volume balance weakly positive from the end of November 2023. Price momentum indicators stand on the buy. Refers to Trading View. The majority of fundamental analysts recommend...

scorpiris Updated 

The analysis here may be irrelevant if you are long. Yara is in a declining trend – price < SMA50 < SMA100 < SMA200. Double peak (DT) from around July 17 to October 19, 2023, where the object has been taken out. Support, when looking back in time on the 5 year chart, around 335 and 310. Oversold January 5-8 and from January 12, 2024 at RSI 7, but not RSI 14....

scorpiris

Consider selling me down a bit to reduce risk or to set a stop loss. The stock is in a downtrend from my April 23. Support around 440 and 400. Price momentum indicators predominantly on sell. Short pos. 1.49% current, but were until 7.11.23 over 3% for a period (1). That might then indicate that the shorter don't think we're going much further down. The falling...

scorpiris

We are many who on the Trading View have noted that Nvida has a head shoulder formation. But what best describes the situation now is a REC. The price fluctuates between two lines that are not parallel. It is also supported by the fact that volume is decreasing throughout the development of REC. There are expressions of indecision among investors, what way are we...

scorpiris Updated 

There are several on Trading View who have seen NVIDIA form a headshoulder formation. I want to show that volume movements support this hypothesis. Volume goes up at the formation of left shoulder 1 and at the start of head 2, but decreases towards the top and is weak at the beginning of the right shoulder 3, while it increases towards the termination of the...

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As of early October 2022, the index was in an upward trend peaking with a head and shoulder formation HS. Turnover volume supports the formation well. There is a marginal break down about 3% and an objective to around 4080. The index continue in a shorter downward trend and has come down to SMA 200. RSI and OBV follow the short trend down. The MA and oscillator...

scorpiris Updated 

The S&P 500 is in a rising trend channel and has done so after bottoming out in early October 2022. SMA 50, 100 and 200 indicate an ascending trend. The VIX lies inversely and indicates a falling trend in terms of VIX. Pivot lines are after a chart that extends over a longer period of time than the shown chart. There is a poor correlation between the top and...

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My post is preferably a technical analysis. Ratos is an investment company whose business concept is to acquire and develop mainly unlisted companies in the Nordic region. Ratos has been in a downtrend since late 2021, and since February 2023, the price has fluctuated within the main trend between support at 28.70 and resistance at 35.94. There was a double...

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NEO (Canada) is engaged in the extraction and production of rare earth metals, etc. Other similar companies are e.g. Lynas (Australia) and MP Materials (USA). My post is preferably a technical analysis. Neo has been in a declining trend and is still so as the SMA 50 is below the SMA 100 which is below the SMA 200 but they converge. And there is formed a triple...

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The long trend towards Yara based on the SMA200 is almost horizontal. We then have a shorter trend, which is marked, which is rising and is based on SMA100. But note: the price is applicable under all moving averages from 50 to 200. There is a break down from the trend marked and a head shoulder formation (HS). First has a object of 380 and last 383. The price...

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The long trend has been declining since the end of 2021, but there is a short trend in 2023 where the trend is horizontal, price graph and MA converge. From January 9 to March 9, we have a head-shoulder formation (HS). The formation is supported to some extent by volume movements. There is a break down, but the object has not been taken out. At the beginning of...

scorpiris Updated 

My post is primarily a technical analysis. It is important you understand a technical analysis is a forecast and has a probability, and not a statement that it will be absolutely certain. Fundamental analysts (25) have on Trading View a price target of 1020. There is a wide spread, but most are positive about the stock. Novo is still in an ascending trend as...

scorpiris Updated 

TSM is breaking up through the attic in a declining trend with increased volume. The stock has been in a declining trend since ATH in January 2022. There is support around 74 and resistance around 95. Pivot lines are determined from a 5 year chart. OBV has been falling, but got a boost here in January. The RSI has risen in an S form from a low level in October....

scorpiris Updated 

With the support of the long moving average SMA 200, the stock is in a declining trend, but with the support of the shorter average SMA 50 and SMA 100, the stock has moved from a falling trend to a more horizontal trend. Trend lines almost clash with a resistance at 38.5 and support at about 30. Price peaks mostly coincide with volume bottom and this weakens the...