I have been long NLST for about a year and I try to add whenever I can.
I am liking the current set up. Price has been consolidating in the low $2s for about a month and with the MACD creeping up and the RSI at 52 it looks like NLST has room to run. Yesterday's candle managed to close above the .23 fib level and the 10 ema is getting ready to cross the 20 ema.
Target: $2.27, $2.44, $2.61 short term
I am liking the current set up. Price has been consolidating in the low $2s for about a month and with the MACD creeping up and the RSI at 52 it looks like NLST has room to run. Yesterday's candle managed to close above the .23 fib level and the 10 ema is getting ready to cross the 20 ema.
Target: $2.27, $2.44, $2.61 short term
