vlad.adrian

Nabors Industries - Going to retest the top

NYSE:NBR   NABORS INDUSTRIES LTD
69 1 2
Not to much explanation to be done here. I believe this stock is going to 30$ again. Tops don't form that easily, there are many retests.

Histogram is going up and impulse is green.
25.09.2014 A month passed and looking back at the trade, there was no mistake, it was a good trade. Here is the weekly chart
snapshot
. The trade was made in anticipation of a rally, because as you can see, 3 days later after my trade, at the end of the week, the impulse system was green and the candle was very bullish, a bullish rejection from value. Every trading system has its errors, and this was an error from the trading system, not a mistake from my side.
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