what do you think about today’s upturn on Heroya news? where do you anticipate the short-term crest to lie?
Very pivotal point right now actally. During christmas NEL did not get the 50/200 golden cross, as the 50 was deflected and continued downwards.
Now it is again looking to test 50/200 bullish crossover
Totally agree about the pivotal moment for the future development. can you explain in a couple of words what does 50/200 golden cross mean?
The true golden cross is when the 50 day moving average of the share price cross over the 200 day moving average, it is seen as a somewhat reliable indicator that a stock is coming into a bullish sentiment.
Ta på Nel ser vel ikke helt bra ut?
Nei den er totalt knust og fremstår nå helt oversolgt, som gjerne betyr at det kan komme en bounce. Men en aksje kan fint fremstå oversolgt lenger enn man tror, så det er å forsøke å fange en fallende kniv.