NetEnt (B) for the first time in years by a good margin, closed above the long-term utplanande jämviktsvärdet… which increases the odds of an imminent recovery.
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. Then huvudtrenden still rising expected an outbreak on the top in the first place, which supported the share price for the first time in years, closed significantly above the long-term jämviktsvärdet in the form of the MA 40 weeks, which leveled out.
Then the risk of a setback has been reduced by the formation of a new swing the highest, we see the share buyable on the rebound where further testing of the MA 40 weeks from the top, around the 69-70kr creates an attractive risk versus the potential for a supposed outbreak on the top. The emergency exit is placed preferably at a closing under 67kr. Målkurs is set to 78kr.
Would the share the against all odds show weakness by having a significant close below the MA 40 weeks, the nearest support around 65 ce, the Tool 61kr on the downside, the rising huvudtrenden questionable.
On the top is resistance at 73.50, 77, 85, and 92kr.
The share traded above the long-term utplanande jämviktsvärdet, MA 40 weeks.
The stock is traded on the stockholm stock exchange, under the symbol NET B.
NetEnt B Company
Entrance buy
69-70 £
Ticker
NET B
Målkurs
78kr
Market
The OMXS Large Cap
Emergency exit
67kr
P/E
34.1
Latest
72kr
Direct avk.
3.1%
