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Thursday, 5 April 2018

Ericsson Update: 5 April 2018, Thursday, 12.19pm Singapore Time

Ericsson Update (NASDAQ: ERIC): 
5 April 2018, Thursday, 12.19pm Singapore Time
(Click on FFA Chart above to Expand)

I still remember last year there was this person who asked me views about Ericsson and I said it was bearish in a bull market and will not do well. In fact, together with longs on gold, this stock will be hedge funds' favourite to add as short-selling to hedge their portfolio of investments and longs. I even gave a long list of logic flow, that when Euro was weak, Ericsson was not able to capitalise on that, and now that Euro is to be strong, Ericsson will receive double whammy because add to the competitive China which is high tech and cost efficient, Silicon Valley will be more competitive too now due to the weak USD to come. This is all turning true per my fore-warnings and the trend will continue -- indefinitely.

Attached below is Ericsson shares listed in OMX Sweden. Funds Flow in Sweden tallies with funds flow in US NASDAQ. Triangulation is achieved by European monies and American monies, and smart monies are rarely wrong.

Ericsson Update (Sweden OMX: ERICB): 
5 April 2018, Thursday, 12.19pm Singapore Time
(Click on FFA Chart above to Expand)


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