Husqvarna AB stock is conquering the gardens again
12 Oct 2022
Husqvarna AB is a Swedish company that produces outdoor power products for forest, park, and garden care. The company also offers garden watering products, cutting equipment and diamond tools for the construction and stone industries.
This Swedish stock analysis is one of the hundreds of shared stock analyses in Set and Forget’s stock channels. The stock has reached a very strong monthly demand level at 59 SEK and is reacting as expected. This is the type of trade idea shared with members of the online trading academy.
What is the expectation for Husqvarna AB stock? The imbalance is very strong, so we expect a very decent reaction. There is a lot of margin for profit. Husqvarna could again conquer the gardens with its custom tools after a strong sell-off in 2022.
Husqvarna AB stock price today
As supply and demand traders, we do not need to pay attention to fundamental analysis. Unless you are doing very short-term trading and scalping, you should not worry about fundamentals for stocks and ETFs.
Trading is just waiting for the right trigger points and scenarios to present themselves, this game has a name, and it’s called the waiting game. We must patiently wait for the correct scenarios and setups to happen and for the price to pull back or dip into the price levels we want to trade. These price levels are made of supply and demand imbalances in our case. You can use these imbalances to plan your trades in lower timeframes.
Join our supply and demand online trading academy If you want to learn how to trade stocks using our supply and demand trading strategy.
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