NL Industries, Inc. is a holding company, which involves in components products and chemical industries. It operates through its subsidiaries: CompX International, Inc. and Kronos Worldwide, Inc. The CompX International, Inc. manufactures precision ball bearing slides, security products, and ergonomic computer support systems used in office furniture,...
Nautilus Inc might give us a nice opportunity here. The 5.50$ held pretty strong and the long term trend line got almost touched.
We could see a 100% run up and close the gap at around 11.75$. The markets are really over reacting either up or down and nautilus got beaten up quite a lot.
I gave you two charts. A one day...
Bought @ 5.39
SL (soft) 5.06
Long term Target 11.2. Possible lower target 10. Will be watching volume and for bearish signals there.
Weekly and Daily look primed for a bottom/bounce. Keep an eye on bearish divergences after bounce because monthly still looks bearish and a high value buying area exists below 3.5
Higher risk trade. So lower position size for...
Im SPECULATING that NLS will recover in value and fill the gap lost from the sell off over a poor earnings report. She has a trait of closing all the windows in the past.
SPECULATING = I made a bunch of shapes then GUESSED
NL has been trending up for two years, although with some serious pullbacks along the way. The last drop was pretty steep, but is it going to jump right back?
A bull trend that lost the course and the breakout of the major support around the 15.00 area that now works like resistance was broken with a gap,
the red candlestick in the circle is a big gap in the daily chart
Now the attention is the new support in 12.00 and the possible breakout.
Price Action and wait for the pullback.
Nautilus, Inc. engages in the provision of fitness products. It operates through the Direct and Retail segments. The Direct segment offers products directly to consumers through direct advertising, catalogs and the Internet. The Retail segment retails products through a network of independent retail companies with stores located in the United States and Canada, as well as Internet-based merchandising. The company was founded by Arthur Allen Jones in April 1986 and is headquartered in Vancouver, WA.
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NLS
