NGLFINE appears to have bottomed out, now showing strong signs of a potential reversal:
1. RSI is strengthening.
2. Positive divergence is visible in RSI.
3. The stock is now trading above the 20EMA band.
A minor pullback to retest the 20EMA band is possible before the stock resumes its journey toward its all-time high.
As a Stoploss. either you can use 20EMA band or previous swing low, marked in the chart.
Disclaimer: This analysis is based on personal observations and is for educational purposes only. Please conduct your own research or consult a financial advisor before making any investment decisions.
@@ Always adhere to your risk-reward ratio before entering any trade.
@@ Maintain discipline in all trading activities.
@@ Ensure strict compliance with the marked stop loss.
1. RSI is strengthening.
2. Positive divergence is visible in RSI.
3. The stock is now trading above the 20EMA band.
A minor pullback to retest the 20EMA band is possible before the stock resumes its journey toward its all-time high.
As a Stoploss. either you can use 20EMA band or previous swing low, marked in the chart.
Disclaimer: This analysis is based on personal observations and is for educational purposes only. Please conduct your own research or consult a financial advisor before making any investment decisions.
@@ Always adhere to your risk-reward ratio before entering any trade.
@@ Maintain discipline in all trading activities.
@@ Ensure strict compliance with the marked stop loss.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
