Analysis: sell signal triggered in NCC B…

NCC, B has shown weakness by force of the aid around the 228kr in soaring circulation, which opens up for further decline against the 211 followed by 178kr.

NCC B share belongs to one of the weaker shares on the stockholm stock exchange after a breakthrough down from a dubbeltopp-formation that formed between 2015-2016. In the past year, the shares have shown a backlash of more than 50% of the previous fall which has taken the share price past the resistance at 228kr up to a top listing on 253kr in 2017.

Last week, the share price had a very weak development, when the shares closed near veckolägsta, in greatly increased volume …in nyckelnivån at 228kr and significantly below the long-term jämviktsvärdet MA 40 weeks. So long as the share is traded under 228kr, the odds are good for further decline towards the support at 211kr, a boost indicates continued cases against the 178kr.

We see a blankningsläge apparent in a backlash against last week’s fall in share prices which is an ideal entry level for a short sale is when a test of the 228kr from the bottom up. The emergency exit is placed in this scenario for a closing on a weekly basis above the 236kr. Målkurs is set to 204kr.

Would the share the against all odds show strength through to significant close above the 228kr is resistance at 240sek followed by 253kr.


Entrance sell

The OMXS Large Cap

Emergency exit

Direct avk.

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

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