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The_Cannalyst
Jul 13, 2016 12:42 PM

The journey is the destination.... Long

NACCO Industries, Inc.NYSE

Description

Nacco reached an Action Point: the downtrends upper edge...
Above this trendline are based many resists .....but if the stock could overcome these resists, the trader will be awarded. Above 63,7 a strong buy Signal apears... TP could be 88$!

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..and here is the Breakout:

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bombed away all resists in a row :-9 respect1

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Thats such a wonderfull Chart!!! i am lovin it!

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Trade closed: target reached

unbelievable!!!

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WOW , what a selloff

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Comments
S_A
wonderful, thanks for your analysis
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