This is an unusual play for me since I don't usually trade uptrend corridors breakout, especially when they hit ATH. However, there is an unusual volume on this specific stock, and their tech partnership with Microsoft might act as a short term catalyst. Uptrend Corridor broken out after a 6-month bull run. Decent amount of new support confirmation on the 15-min...
Here is the weekly chart for NUAN. It has been trading within an ascending wedge pattern since the end of 2018. It broke out of this pattern in early November. I have noted a couple of pullback zones where I would like to see bullish momentum continue. We can see that the first zone was tagged before the price began moving higher this week. We will have to see if...
NUAN had a strong run out of a platform and rose above the previous high’s resistance level. This was on a weak market day. PSHI is high for this stock. It has new technology coming this year.
NUAN forming a fallen angel pattern, It is showing strength as it crossed above EMA lines & money flow went up to the positive side. We think after a small correction it will go up & our first target is 15.47 but it has potential to go higher. You can check our updated analysis on NUAN in the trading room/ Executive summery link here- www.youtube.com Time Span:...
$NUAN falling wedge on daily. Positive divergences on RSI and MACD. Looking for upside move.