Aker Bp have made an retracement back to fib 0.618 after a huge drop.
It seems it has reached it's top for now, a lot of candles with long wicks is forming. There is also showing bearish divergence on the daily RSI.
First target is at the support line price 278.6 after that we might see a bounce to 292.8 before heading to fib 0.382, price 267.2.
Trade with care, have fun & make money.
This is not an advice, make your own decision!
It seems it has reached it's top for now, a lot of candles with long wicks is forming. There is also showing bearish divergence on the daily RSI.
First target is at the support line price 278.6 after that we might see a bounce to 292.8 before heading to fib 0.382, price 267.2.
Trade with care, have fun & make money.
This is not an advice, make your own decision!