NLMK to drop to 100.00-95.00 Area

9월 1일

Hi Traders,

High probability NLMK will continue to drop until reaching 100.00-95.00 level. Support is 100 round psychological level and support line which have been tested 3 times so far.

Selling here at this point would be risky, where waiting for 100-95 and buying there is a better and safer option.

Let's watch this.

Cheers
Tony

9월 12일

노트

4H chart shows price has taken an attempt to retrace upwards printing inversed head and shoulders pattern. I would watch out for 148 upwards breakthrough with a spike of volume as confirmation of reversal.

So far the selling set up is still valid.