NAK is quietly breaking above the 75sma on the hourly chart. Poised to move higher. Looks to be leaving a bull flag behind. AB=CD could see a nice return up to 1.77.
Comment:
NAK looked real nice before I was expecting a break higher. We didn't get it yet. I am going to hold with a stop. With the US Dollar DXY moving higher, NAK could get a pullback. I have seen it continue moving higher with the US Dollar, so I won't sell, just be smart with your stop.
Trade closed: stop reached
Comment:
NAK Moving higher.
Comment:
Who else is enjoying this ride! Wow
