DerFreieTrader
Long

Nautilus went deep but Nemo wants air and will emerge

NYSE:NLS   NAUTILUS INC
  Nautilus Inc might give us a nice opportunity here. The 5.50$ held pretty strong and the long term trend line got almost touched.

We could see a 100% run up and close the gap at around 11.75$. The markets are really over reacting either up or down and nautilus got beaten up quite a lot.
I gave you two charts. A one day and a one week to see it clearer.

R/R looks really nice here. Entry 5.70$ SL at 5.20% TP at 11.50$. If it knocks us out we might reenter at around 4.50$

Just my opinion so make your own research and like always

May the markets be with you

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out