NCASH has broken out of the wedge is now testing fib resistance at 0.786. Interestingly on a larger time scale, NCASH has been forming a cup and handle pattern and has just broken above the pattern. The volume has been steadily increasing and a test of the previous support as resistance has happened. If anything we could see NCASH testing fib at 1.
Comment:
NCASH has tested the 1 Fib here, we could see a pullback, back to the 0.786 fib before the trend continues.