Potential shoort on Volvo soon
Volvo AB Class B OMXSTO_DLY:VOLV_B
If Volvo fails to build acceptance above Value Area High (VAH) SEK 354,
meaning it cannot hold above this level for an extended period, there is a strong probability of a short opportunity targeting at least SEK 319.
This represents a potential gain of approximately 9% or RR 1,45.
But if buyers manage to hold the price above the Value Area High (VAH), the stock could continue higher and potentially reach new highs.