SSAB A share climbed at the beginning of the year resistance around 44.50 sek which creates a köpläge at the rebound before further rise against the 55kr.
SSAB A share is a long-term weak stock, which is a good way to recover with a close of four ‘doubling’ of the course from lågpunkten from January 2016. The share has during the recovery phase passed 30sek level which was a crucial juncture when the former acted as a resistance during the greater part of 2016.
In the beginning of January, and passed the share 44.50 sek that previously acted as a strong resistance, which reaffirms the underlying trendstyrkan. The long-term jämviktsvärdet in the form of the MA 40 is in a stable rising trend and acting as a strong support at the rekylfaser in the share.
Share after a local peak at the 51kr rekylerat down to the support at 44.50 sek, who successfully rejected and confirms that this level is of importance in the future. We see a köpläge manifest itself if the share on the re-test this level with an expected trend of positive potential against 55kr.
Be crossed at a later stage 55kr confirmed a long-term upturn is where the following avstämningsnivåer is expected to create temporary recoils in share at 58.90, 63.70 and 84.50£.
The share traded above the long-term rising jämviktsvärdet, MA 40 weeks.
The OMXS Large Cap
The stock is traded on the stockholm stock exchange, under the symbol SSAB A.