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TrentRowlands
Nov 16, 2023 11:37 PM

NTDOY - Weekly Cup & Handle  Long

Nintendo Co., Ltd.OTC

Description

I've been tracking this Cup & Handle Pattern on NTDOY for the past few months now. It was respected recently on a weekly timeframe when it tested the $10.03 Support Level. It appears that we are Bull Flagging as we speak, and on another level for the next leg up. If the Cup and Handle successfully closes above $15/16$ on a weekly candlestick. I truthfully believe that we could see anywhere from $20/$25/$30 All-Time Highs.

With the news of the new Zelda Movie releasing, as well as a new Nintendo Game Consol (Switch 2 Possibly?), the fundamentals are lining up with the Technical Analysis thats been done.
Comments
BarryStocks
Strong formation and good fundamental support. Love it.
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