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LeLaf
Jul 25, 2020 3:03 PM

NTZ: Price rejection following Spike up Short

Natuzzi, S.p.A.NYSE

Description

Price rejection after spike
May retrace back to fill the gap

Pros
Low volumes (Except for Spike)
200MA declining
250RSI below 50

Cons
PPS above 50MA and 200MA
ATR climbing

If confirmed
PT1 = 1,64
PT2 = 1,42
PT3 = 1,31
PT4 = 1,20
Bonus PT5 = 1,10
Comments
LeLaf
90%
LeLaf
Target 1 filled
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