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therealrogi
Jan 31, 2020 5:24 PM

NLTX 16.00 target, if 13.43 resistance can be overcome Long

Description

13.43 is next major resistance (local high) to overcome, then targeting 16.

Support for idea
+breakout ascending triangle (12 resistance)
+local support/resistance (12.00, 13.43, 16.00)
+wave 3 wyckoff (8>12 | 12>10 | 10>+)
+inverse head-and-shoulders

Comment

12.00 stop loss triggered.

Developing doji on the day makes me nervous. Watch price-action/volume if previous high (12.42) is tested for either continuation up or double-top reversal.

Comment

^edit: previous high (12.77) is mark to watch.
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