Micro Systemation has the last few weeks rekylerat sharply, which creates a köpläge when the shares are taken down for a test of the MA 40 weeks from the top.
Micro Systemation is a very volatile share, which, after a formidable rise in 2015, has shown a powerful rebound that resulted in a sideways handelsintervall between 41 and 89kr. In november broke shares out on the top by the resistance at 54.50 sek, which is subsequently confirmed as a key support between the bull and the bear. The support was tested successfully in march 2017, and led to a local peak at 75kr as the share has shown a powerful rebound in recent weeks, which creates a köpläge in accordance with the long-term rising jämviktsvärdet.
We recommend a buy between 63-64kr. Målkurs are set conservatively to 74kr. The emergency exit is placed preferably at a closing under 60kr.
Would the share the against all odds show weakness by on a weekly basis close below the MA 40 weeks are expected to further test of support around 54.50 bc Rushed this, too, on the downside broken trend of positive scenario and the expectation in this case is the continued decline against the 44-45kr.
On the top is resistance at 75, 81 and all-time-highs at 89kr.
The share is trading above the rising 40-week moving average.
The stock is traded on the stockholm stock exchange, under the symbol MSAB B.
MicroSystemation B Company
Entrance buy
63-64kr
Ticker
MSAB B
Målkurs
74kr
Market
The OMXS Small Cap
Emergency exit
60sek
P/E
24.4
Latest
66.75 kr
Direct avk.
3.6%
