OMXS30, (1D), Support linesWe may see a support line at 1900~ but if it goes through we could be in for a ride and a correction of atleast -10%
OMXS
Here we’re my Scandinavian Saniona friends Let's take a look at the exiting SANION graph!
As we have broken through —1st phase— consolidation and after it has been retested, I believe that we’ll start to see new higher-highs and higher-lows.
What would be healthy for SANION is if it would rise in a comfortable pace, and not in a euphoric run to the hill tops as it did a few months ago!
As mentioned above, even though SANION has just broken through a consolidation, that it’s retesting, I believe SANION has some fighting to do, since just above there is a tough resistance are, from just above the current price towards 36-ish kroner.
That resistance will hopefully create enough battle so the stock can create the sentiment of a healthy s-curve ride up north, that will take out the old, and create new All Time Highs!
