NSRGY has experienced a sharp decline, and is currently approaching an orange support level at $102.46. There is one more greedy support level below, the yellow support line at $88.33. I would monitor $102.46 for a bounce here, and I don't think it is a bad idea to buy at $102.46. However, NSRGY is having such a steep decline that I think we are likely to reach the $88.33 support level over the next few months or quarters for the best buying opportunity at the yellow support line.
Want more of my content?
Check out my YouTube and Twitter updates across all financial markets
Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
Links👇
Check out my YouTube and Twitter updates across all financial markets
Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
Links👇