CLIMEON shows further signs of bottom

Panjang

CLIMEON AB SER. B (OMXSTO:CLIME_B)

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OMXSTO:CLIME_B CLIMEON AB SER. B

Chart Patterns

chartpattern

CUP & HANDLE pattern in progress which is often seen at major trend reversal.

Komen:

Time to take some nice profit and hold the remaining amount

Dagangan ditutup: sasaran tercapai

Komen:

It seems we are in larger CUP & HANDLE formation than I previously thought. If so, we are just now creating HANDLE. The extended move could easily target 24-28kr area, where we earlier got a huge daily gap down. IMHO, investors will likely be cummulationg BUY the DIP positions ahead of extended move to the upside.

Komen:

We could just be at the bottom part of HANDLE while being in larger CUP & HANDLE formation.

Komen:

We did not get new ATL, thus CUP & HANDLE formation seems well under way. If so, we could soon rally to 30kr area.

Komen:

CUP & HANDLE formation well intact

Penafian

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