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AsimMirzaTrader
Sep 11, 2021 6:46 PM

NHC - Trade Plan Long

NEW HOPE CORPORATION LIMITEDASX

Description

NHC has a very nice chart with impressive price action but now it seems that it may be due for a pull back because as price is going up, we can see Bearish Divergence on the RSI and MACD. The Bullish Momentum maybe running out of steam. I expect a pullback towards any of my my Buy Zones. My first Buy Zone is between $1.80 - $1.95 and my second Buy Zone is between $1.50 and $1.70. Lets see how it develops.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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