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SLOPolarBear
Jan 21, 2021 6:57 PM

Nestle Long

NESTLE NSIX

Description

This stock has fallen out of favor these past few months. Price is trying to stabilize around the EMA's. Planning to go long at the CLOSE today. It's ranging at the moment so it may deflect off the long trend (see arrow), but regardless whether she breaks out or continues ranging, this is a decent entry.

Comment

Holding off buying for another day or two. Was hoping for a power hours smash to isolate the bottom. Price action is going to creep around at this point for a bit, I think.
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