NYSE:NLS
I suggest we take a look at some pretty interesting paper.
There's a global upward trend.
And look at how beautifully the price leads by a large long player:
1. Gaining of positions in the "box" then partial realization: he need to spend some part of the position to bring the price up.
2. Gaining the position again in the channel - and again he spends a part of the position to move the price up.
3. A similar gaining position.
4. He started gaining again. We've reached the historical level formed by the gap. Made a false breakout.
Didn't roll back. Retest, and gaining again. It should be understood that many market players who joined it - closed their long positions by TP, but we dont go down after their closing.
It is quite logical and statistically reasonable to enter the long after the breakout and fixation above the level.
I suggest we take a look at some pretty interesting paper.
There's a global upward trend.
And look at how beautifully the price leads by a large long player:
1. Gaining of positions in the "box" then partial realization: he need to spend some part of the position to bring the price up.
2. Gaining the position again in the channel - and again he spends a part of the position to move the price up.
3. A similar gaining position.
4. He started gaining again. We've reached the historical level formed by the gap. Made a false breakout.
Didn't roll back. Retest, and gaining again. It should be understood that many market players who joined it - closed their long positions by TP, but we dont go down after their closing.
It is quite logical and statistically reasonable to enter the long after the breakout and fixation above the level.
Order cancelled:
There must be a very important reason for paper to fall down like that. And here's the reason for this incredible drop: Edited Transcript of NLS earnings conference call or presentation 5-May-20.