ismokebushh

NFI bulls cant beat this formation 2.0

Long
ismokebushh Updated   
TSX:NFI   NFI GROUP INC
These are the same charted technicals as my previous post about NFI, although instead of the monthly timeframe it's on the daily so you can see the candles following the resistance, trendline, and Fibonacci retracements. I have my eyes on the $21 price level, as each retracement is another roadblock that bulls have to get across.
Only time will tell now.

LET'S GET THIS MONEY THOUGH
Trade active:
Well, we BLEW past the $21 and found support on the .382 resistance. Lets see if there is support on the .5 resistance or will we blow to the .786
i expect a little dip maybe back to the $21.50 because the rsi looks like its reached its peak.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.