NEL ASA (D7G in Frankurt Borse) TP 4
nice swing trade. Congratulations if you entered with me:)
On the weekly chart, Nel Asa has tested the long term dynamic support again after a sharp 35% pullback. For now the uptrend has held, and the slight hidden bullish divergence to the RSI gives me a bit more confidence in the trend. Targeting a pump back up to ATHs throughout the year Good long term play. Would love to hear your thoughts! (*This is not financial...
- Short term potential 12% if we see a bounce on the current support
NEL folowing Nikola and has topped out. What will be the media narrative?
NEL has increased its value by 250% in the last year. The Norwegian government has set a target of reducing their greenhouse gas emissions by 90 to 95 percent. Is it time to invest in production of hydrogen as being the renewable fuel of the future?
Buy buy buy! Google nel hydrogen!
Nel Asa is sporting a strong Bullish Pennant on a recent consolidation range. Green energy is on a tear and I actually prefer European adoption of the technology compared to U.S. If we see a continuation of the uptrend through tomorrow and hopefully a bullish cross of the 20MA above the 50MA, we can expect a pop above ATHs and a trend-based Fib Extension target of...
the market is full of Bulls, we gonna see a big big move in the next days to the Upside. Entry: Now SL 3.0000 TP1 5.000 Tp2 OPEN
NEL needs to push just a little bit further up to break out. So, wait for now. If it breaks out then reaching 30 is possible quite soon.
This is a test. The points plotted were generated by an AI.
Also recent Bank of America BUY with price target 30 NOK
Whie NEL is clearly going up in the short term, for the long term it is stil unclear where we are heading... Needs to remain above 20.