NetEnt (B) broke down last week resistance at 73.50 sek within a triangelformation which triggered a buy signal that opens up for further rise towards 78.50 usd, followed by 85kr.
NetEnt (B) long-term rising major trend in the past year leveled out within a sideways handelsintervall between 57 and 92kr. Within this consolidation, the exhibits share a sequence of rising lows and falling highs which formed a kraftansamlingsfas in the form of a triangelformation. Last week broke the resistance at 73.50 sek within this formation, which triggered a buy signal where the nearest avstämningsnivå is at 78.50, 85 as well as the all-time-highs at 92.20£.
As long as the outbreak remains intact (d).v.p. at the recoil in the future succeed to the share does not close below 73.50 sek (which should have been converted to a support), conditions are good for a test of all time highs.
We see a köpläge obvious at rekylfas in the share down to 73.50 usd then the stoploss in this scenario can be placed narrowly in relation to the potential on the upper side. In a positive scenario is established, the share is above the utbrottsnivån and passes the previous swing top at 78.50 usd to then test the all time highs.
Successful share take up and note the highest note it can take off on the top where there are no natural sellers d.v.p. long holdings in loss positions which want to print to the breakeven level.
The share traded above the long-term utplanandejämviktsvärdet, MA 40 weeks.
NetEnt (B)
Entrance buy
73.50 £
Ticker
NET B
Målkurs
84kr
Market
The OMXS Large Cap
Emergency exit
70.5 usd
P/E
35.4
Latest
74.10 £
Direct avk.
3%
The stock is traded on the stockholm stock exchange, under the symbol NET B.
