Keeping it simple: NXS has reclaimed some of its key 4-hour moving averages, and is within a bullish ascending triangle. Price needs a more convincing break above 475-490 for better confirmation, but should we get a break out to the upside, my target would be 530-540. SL below the 50 MA on the 4-hour.
Moving average guide (all 4-hour for this post):
20 MA in Pink.
50 MA in Green.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Moving average guide (all 4-hour for this post):
20 MA in Pink.
50 MA in Green.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Comment:
Watching that 4-hour 200 MA in Red as a possible target:
