Ericsson B faces an attractive köpläge then share rekylerat down to utbrottsnivån from köpsignalen from the month of June, which should lead to a new uppgångsfas against 70kr in the first place.
Ericsson B share previous period of long-term under-performance against the market as a whole has good conditions to face a hefty change when the shares are broken nedtrenden and established above the long-term jämviktsvärdet in the form of the MA 40 weeks. Kraftansamlingsfasen between 55 and 60 sek / forcerades in the beginning of June, which transformed the intervalltaket d.v.p. 60sek level to a support in the future.
In the short term is navigating the share after the support at kanalgolvet which coincides with the previous utbrottsnivån which thus creates an attractive köpläge then a stoploss can be placed narrowly in relation to the potential for the rise to the next avstämningsnivå around 70kr.
We recommend a buy at 60kr. Stoploss is placed preferably at a closing under 57.50 kr, målkurs is set to 69.50 £
Would the share the against all odds show weakness by significant shut down during the utbrottsnivån is expected to further decline against 56.50 followed by the 50kr.
In a positive scenario respected the support and leads to a rise through the local peak at 65 sek, followed by a further rise to 70 followed by 75kr.
The long trend in the form of the 40-week moving average is sidåtgående.
Ericsson B
Entrance buy
60sek
Ticker
ERIC B
Målkurs
69.50 £
Market
The OMXS Large Cap
Emergency exit
57.50 kr
P/E
neg
Latest
61.55 £
Direct avk.
1.6%
The stock is traded on the stockholm stock exchange, under the symbol ERIC B.
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