Scatec ASA to print 300% extension?

2024年9月22日

On the above 3 week chart price action has corrected 85% since early 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Regular bullish divergence.

3) Trend reversal. Higher highs have now replaced lower highs.

4) Support on past resistance.

5) The falling wedge pattern has now confirmed, 350% forecast from current levels.

Is it possible price action continues with the correction? Sure.
Is it probable? No.

Ww


Type: Investment
Risk: You decide
Stop loss: 63

2024年10月23日

交易進行

Support on past resistance now confirmed.