Looking to add at 3.37-3.67 after the monster 86% five day rally and a 90 RSI. I believe NLST will pop to $4.15 before retracing to that level 3.37-3.67. If it can hold the trend line and consolidate the rally will power on.
But I think at some point in the near term it is more likely than not to close the gap down to the 2.60 range which is also between the .78 and .61 fib levels. This would be an ideal level to add in my opinion.
Of course one PR could change everything.
Long NLST
But I think at some point in the near term it is more likely than not to close the gap down to the 2.60 range which is also between the .78 and .61 fib levels. This would be an ideal level to add in my opinion.
Of course one PR could change everything.
Long NLST