HRZA trade ideas
Short, Husqvarna B (HUSQ B) Third time hitting down trend-channel roof, week in RSI, MACD with decreasing volume. Hi probability for price dropp.
Target, 113 - 109.
Stoploss, 123
Current prise, 121 (13/8)
Short.
$HUSQ_B long swing tradeHey guys, today I've taken a look at OMXSTO:HUSQ_B . Its a swedish company with focus on outdoor power products and gardening tools. They have an average of 44B in annual revenue. The company has an average annual growth of 4%.
Enough about fundamentals now to the thing you came here for!
If you look on the 2h timeframe you can deduce that It made a higher low. On the daily It just hit support at 117.75kr.
I see this bouncing Its way back up to 128.80kr before next thursday. With this said I'm going long.
Husqvarna Risk Reward 1:3OMXSTO:HUSQ_B
Moved into a box from downtrend, currently in support zone and formed a dragondly doji.
Husqvarna B, Buy at Breakout ? Huge BB width, Postive Divergence and MACD Crossover, Good short term edge,
