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MustafaOzak23
Mar 17, 2019 9:59 PM

Buy NEC Long

NINE ENTERTAINMENT CO. HOLDINGS LIMITEDASX

Description

The ASX 200 should be opening higher this morning due to oversee market finishing the week on a high, that's why i'm looking at NEC due to its sector of consumer cyclical. XDJ, might have a bounce of the 13 EMA today to the upside. That leads us to NEC forming higher highs, its on the 4 wave of the Elliot theory and its formed a inverted Head and Shoulders as well. The 13 and the 50 EMA are both rising to the up side with the MACD as well.
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