NZX should be heading up as it is now along with the Spy and Nasdaq
Election is over 2008 crash recovery points up, Algo's are following that quite closely as mentioned in many posts.
NZX CMP - $1.78
Looking bullish in higher time frame. One can go for short term Investment with the following entry, exit & targets
Buy at or above $1.78 - $1.82 / Stop Loss $1.50
Target 1 - $2
Target 2 - $2.5
Target 3 – $3 / $3.20
Disclaimer: This is my view and for educational purpose only.
Hi friends
the daily chart of this market shows that it will experience an uptrend in the next few days but at the same time
it is necessary to be vigilant of the placement of the stop loss and the level of profile to be gained. consequently the reversal of the market towards the opposite direction
please subscribe to receive more analysis
