NGD is trading in an uptrend and at the moment it is in a corrective phase. If the rising trendline holds i'm expecting a new wave up with a potential gain above 30%. A strong breakout of the rising trendline invalidates this setup.
on monthly chart 50 day around 7.50 on monthly strong j pattern all indicators strong above cloud stop loss top of cloud
WEEKLY BAT PATTERN COMPLETE AT 2.28 Catch the CD of cypher. Buy at 2.14 sl:1.5 tp1:3.76 tp2:4.91 tp3:5.7
The weekly chart shows that accumulation is going on. On the daily chart it is possible to see that demand levels (in green) are respected and supply levels taken out (up trend). Price is currently at a previous demand level and last day was a test from a VSA perspective (low volume hammer). Good long positions can be executed entering now or, in a more...
The weekly chart shows that accumulation is going on. On the daily chart it is possible to see that demand levels (in green) are respected and supply levels taken out (up trend). Price is currently at a previous demand level and last day was a test from a VSA perspective (low volume hammer). Good long positions can be executed entering now or, in a more...
Bullish divergence and double bottom (with a higher low) on RSI. Stochastics cross buy signal
LT Fibs indicate support zone, LT Price support here, H&S target in zone.. everyone hates the miners, on a well defined stop zone. Watching for entry.