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  • Squawk / 3 hours ago
    The Volvo stock had a good earnings release Friday, the stock gained in the aftermath...however, the next couple of days could prove interesting. For now I have made one slight change to the wave count and a failure at current levels should pave the way to SEK 69 before mid March. An immediate continuation higher would imply a larger low might be in place after all...as I see it SEK 84 is key for bears and bulls alike.
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  • 3d
    Johan Berntorp Johan Berntorp
    Metals and mining did really well in the US yesterday...prospects of having this trade in profits in time for February 11 seem remote at the moment. I...
    3d
    Johan Berntorp Johan Berntorp
    I had to pull the plug. Stopped out...SEK 125 is/was heavy resistance...
  • Trade view / Monday at 6:45 GMT
    Medium term

    Ericsson out of favour after earnings hit

    Ericsson doesn't appear to be the darling of the Swedish market these days. This certainly hasn't changed following last week's earnings release and it might finally be time for this stock to embark on one last, but fierce, swing lower before a larger reversal can be seen.
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  • Trade view / 27 January 2016 at 6:01 GMT
    Medium term

    Watch out for a bounce in ABB stock, equities bears

    Bearish sentiment reigns and that might be correct from a longer term perspective. However there are medium term bounce possibilities. And the share price for the listed Swedish power and automation company ABB looks ripe for a bounce, as we may have reached an alignment in waves, which could mean that fortunes are about to turn.
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    29 January
    Johan Berntorp Johan Berntorp
    ABB is having trouble clearing resistance. The stock is however holding up well relative the market. We would want help from the market to clear resistance, with...
    4d
    Johan Berntorp Johan Berntorp
    A quick look in financial media and they claim ABB bet the street, we'll see about that. Official consensus is one thing what is actually in the...
  • Trade view / 22 January 2016 at 6:41 GMT
    Strategic trade

    USDSEK set for downside price action

    We have been looking for a bullish breakout but it appears this bull market might have been over late November. Technicals are rolling over as the 50-day and 200-day moving averages are now trending lower, meaning we have a bearish bias to this market and it is essentially following the main script for something that could turn out to be quite a large reversal.
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    29 January
    Johan Berntorp Johan Berntorp
    Appears as though 8.48 is key for further upside. The bulls have a chance to drive price higher as described above in a final move higher within...
  • Squawk / 21 January 2016 at 21:08 GMT
    Oil might finally have started the anticipated wave four, however this shouldn't be the final low...question is how far it can go this time...again we are looking for a plunge into the end of January to before we become bullish...
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  • 21 January
    Johan Berntorp Johan Berntorp
    This setup isn't busted yet. With all the action we shouldn't be surprised if the XAUUSD reverse and comeback down. Above 1109 we have to expect more...
    27 January
    Johan Berntorp Johan Berntorp
    This trade never triggered, and given the most recent price action one might have to re-think the analysis...we should be watching Gold closely as we once the...
  • 22 January
    Johan Berntorp Johan Berntorp
    If anyone manage to catch this one this could be a good time to take partial profits and raise stop to SEK 278.
    28 January
    Johan Berntorp Johan Berntorp
    Earnings is said to be in line with expectations...