Decent volume finally appearing in all the right places, Hard to believe it was ever $12 let alone 2 years ago Holding with STT $0.865
Decent ann recently saw this one bounce. But so badly beaten down hard to know if it will rise again. If it does, long way up to even the 200 day - $1.10. Shorts have covered, but not sure that makes much difference on this one. This could easily run hard into christmas, or not.
ENTRY: 1.1501 (average) SL: 1.285 TP: 1.055 - ADX>25 - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI -ve - Moving averages are aligned. - Breakdown with high volume today from range since 21 Jan 2022 - Entry based on today breakdown from range >3% with volume
NXL has showed strength by breaking the downward sloping trendline with High Volume indicating that is expected to move higher. My target on this trade will be $3.30 level, its Resistance level for a potential 15% gain. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Good buying opportunity ! targets been shown on chart. 3.58$ target will be expecting with in 3 months ! Thank you
Entry: 4.03 Stop loss: 4.45 Shorted the counter after it broke out of its descending triangle with good volume.
ENTRY: 3.13 SL: 3.56 TP1: 2.91 TP2: 1.90 - ADX>20 - RSI<50,RSI<30 - Daily RS N/A - Daily FFI -ve - Daily MACD -ve - Weekly RS N/A - Weekly FFI -ve - Weekly MACD N/A - Continue to short yesterday after high volume red candle but didn't like the reversal today with high volume
ENTRY: 4.03 SL: 4.70 TP1: 3.51 TP2: 2.39 - ADX>20 - RSI<50,RSI>30 - Daily RS N/A - Daily FFI -ve - Daily MACD -ve - Weekly RS N/A - Weekly FFI -ve - Weekly MACD N/A - Breakdown with good volume on 29 Apr 2021 - Retraced with low volume today
NXL after being hammered down could be possibly turning around because of the recent Bullish Price Action coupled with a break out of the Bearish Trendline with High Volume and Bulllish MACD. I will be targeting the previous Gap Window and the POC of Volume Profile. My Trade plan is given below: TP1 - $7.30 (Potentil Gain 23%) TP2 - $9.00 (Potential Gain...