NSANY
Trend continuation. Consolidation inside the channel.American stock market is crushing.
Nissan was consolidating inside the channel for the long period of time.
After this monthly candle closed under the channel we should be ready to open the trend continuation trade.
The drop should be rapid. Similar to its fall in 2008 and the BTC in the autumn of 2018.
Nissan: CEO fired, long term bottom against yearly supportI've been watching the drama in $NSANY unfold, and after ousting their leader, the stock seems to have bottomed. Technical signals show that the long term support in the yearly timeframe has held. If anything, you have significantly big odds of this drop being the bottom in this stock. Wouldn't shock me to see a rapid rally emerge from here soon.
Cheers,
Ivan Labrie.
