Analysis: Balder joins forces before the outbreak.

The property company Balder has since we got a rebound from the high for the year at 223 crowns clearly gathered. The consolidation has now been going on since June 29, and we note that the underlying köpstyrka a week ago is beginning to dominate all the more. This sends positive signals, and the share the load now, before the outbreak…

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Balder started already in the beginning of the year in a clearly positive attitude, which means that, since the end of the year is the company’s share up more than 12 per cent.

We got unfortunately a rebound at the high for the year 223 sek in the beginning of June, which took us south to the current 206.10 crowns.

After the rebound occurred, the managed share is not break under the 200 crowns, and the sentimental heltalsnivå and technical intensity with underlying significant köpvolym.

A clear kraftsamlingsfas has been going on within the range of 201 and 207.50 crowns, and we look at our volume indicator so we note that the sales force has not received any greater advantage, but indicates rather that the köpstyrkan is on the rise.

In addition, it has medium-100 day moving average during this time has been a nice strong back behind us, and not been challenged seriously.

This sends positive signals, we are now mobilizing before the outbreak.

We are waiting for an outbreak from kraftsamlingsfasen, in order to minimize the risk of a false buy signal. We see an attractive entry level at 208 sek.

This means that when köpsignalen well be triggered, that we should be turning its eyes north to 219 sek.

At around 219.50 crowns we have a heavy technical resistance level, and will thus here a major counter-thrust from the seller.

Tentatively placed a stop loss already at 204.50 crowns, in order to limit a possible drop when a position has been initiated.

The stock is traded on the stockholm stock exchange, under the symbol of the BALD B.


Entrance buy
208.00 usd

219.00 sek
The OMXS Large Cap

Emergency exit
204.50 £

206.10 £
Direct avk.

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More about technical analysis:

  • Common concepts in technical analysis
  • Moving averages – lagging indicator, which filters out the noise
  • MACD – technical indicator, which fits well into the trends
  • RSI – a classic momentumindikator that is a ”must” in swingtrading
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