Veuvee

Oscar Properties finally breaking free?

Long
OMXSTO:OP   OSCAR PROPERTIES HOLDING AB
Todays Rejection Wick off of the newly established upgoing trendline could mark the beginning of the end of the 47-month long downtrend.

Biggest hurdle is the massive point of control at 0,222 SEK, but recent volume, uptrend and todays wick coupled with low rates from FED/ECB should make the odds of breaking free slightliy better.

Nothing is given with Oscar Properties however, so a healthy retest of the 0,222 SEK area afterwards would be considered very healthy for the future of the possible uptrend.

Bonus: Oscar Properties' Pref shares also recently shot up massively, which could indicate rising interest in the main stock.
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