Nautilus went deep but Nemo wants air and will emerge

  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


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