שורט

Swedish Match needs a breather

מעודכן
I expect SWMA to retrace quite a bit, it looks exhausted.

The steep rise from dec lows in correlation to world indices was coupled with low volume, looking for support at green zone.
הערה
Looking at last weeks move above 470 as a stop run, observing closely next week.
הערה
Retracing as expected but over a longer period of time than expected, time and markets will tell if it reaches the A point support and eventually long term C point.
Technical IndicatorsmatchswedishswedishmatchSWMATrend Analysis

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