Alternative scenario: the downside breakout of 9.20 would call for 7.10.
My pivot point stands at 8.20.
My preference: the upside prevails as long as 0.20 is support.
Comment:
the RSI is above its neutrality area at 50.
The MACD is positive and above its signal line.
The configuration is positive.
Moreover, the stock is trading above both its 20 and 50 day...
NvX has recently has two higher lows, looking to retest all time highs in coming months. MACD looking to reverse on daily. Great company with good fundamentals, DYOR. Cheers.
