$SAND broke through the descending trendline and now is testing it. After the bounce off the trendline, bullish movement to the resistance area at 5,3 $ is possible.
Long NST - Entry 1: 10.1; Entry 2: 9.5 - Exit: 8.5 - Target 1: 13.2; Target 2: 19.2; Target 3: 23.5 Signal: - Stock have finished Wyckoff accumulation phases from Dec 20 to Nov 21 in zone 6.4 - 9.9. And stock start upward trending and more volatility.
Broke a short term H & S formation Broke downtrend. Created higher low and higher high
I am not confident that ASX:NST would continue or form a up trend from here. considering development in gold, I think NST can potentially go further down if it does't go up from here down to $6.25 range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own...
It's trying to hold on... tryinhg!!! I $gold doesn't bang back, she'll let go. Bearflag being backtested, siting on strong support but........ tap tap tap smash!
NST has pulled back to it's Fibonacci 61.8% zone and is showing signs of support and bullish price action. I am bullish NST targeting the previous highs of $11.80. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Northern Star Recourses is in a downtrend channel... ASX:NST
NST has broken out of the bearish trendline with high volume. The breakout to the upside has worked worked well and this could be a confirmation of a new swing to the upside. NST has moved up since and has been consolidating within a flag pattern which is a bullish pattern and a follow through to the upside is expected, therefore I am long NST. My trade plan is...
NST seems that it has found some resistance and is retracing lower. The breakout to the upside worked well and looks like the next pullback could be around the corner for another buying opportunity. I have marked a buy zone ranging between $9.70 - $10.40. If price retraces lower within that range, I would take a long position after bullish price action. Please...
$NST retested the weekly trendline and 20 moving average, however, I would trade with caution because a rising wedge pattern is forming on the weekly chart. Because of the recent run and bearish divergence with DMI and RSI, I think it is more likely we go down from here due to profit-taking.
Northern Star, one of my favorite Gold stocks to invest in. I'll be looking to add more on the dip because we can see an ascending triangle forming on the weekly chart. Due to the current economic situations (COVID 19 and Gold prices going up), another breakout could be on its way and $NST could set a new all-time high in July or August.
It has been a tremendous run for NST 11 years or so but now could be a turning point even if thats short lived. Points in case: Double Top priced closed below 20 Moving average 10 EMA BELOW 20 EMA 2-3day Stochastic RSI in a downward direction See how this goes. This is based on how I read the charts
Northern Star Resources broke out the triangle this week just like Gold. $GOLD This increases the chances of $NST heading higher and maybe make a new all-time high in the next week or month.
Nice opportunity to buy this one at lower prices if we get the reversal pattern at this double top. MACD and RSI are divergent on this second test of the top. Looking for a deep pullback. Targets for buy as shown
- TD sequential has a green 2 over green 1. - Inverse head and shoulders. - Above all moving averages, acting as support Worth watching closely tomorrow.
Gold Stock Northern Star has had a great run to $14.06, since than it has pulled back to where it is today $9.00 Weekly This is oversold and could be a great time to buy re-buy. The price is below the BBand and RegLin plus the oversold indicator is flashing above 30 making this a great buy IMO. What to watch out for: A dead cat bounce which is around $10.00 if...