NWSA unable to break important Fibonacci retracement which is also an important resistance level. In addition, the put option volume was about 72K contracts last friday.
Seems to be speculative. Be cautious and tread your path
Short at the daily supply zone confirmed above, in line with the downside momentum in wk cfm by MACD-histogram
This could generate 2R if i can stay above the resistance
NWS closing at the 50 SMA and fibionacci 23.60% level. You don't see this everyday. Let's see what happens tomorrow. Trade with confidence Cheers.
Watch it. Short once the wedge is broken
still not confirmed formation, but it has a solid base, so I will watch this breakout with patience.
