Stock Analysis on request from a follower ..
The stock price is hitting 11 year old resistances .. The overall chart structure is very bullish you can see the huge momentum through the steep angle of the move that is also supported by the rising volumes
The Volumes suggest a move up as well.. However, there has been huge rejection on these levels before so wouldn't recommend taking a trade now..
To trade NMDC.. Buy after daily candle closes above 197.. That would mean a BO from the descending Triangle and 11 year old resistance..That would be a huge bullish sign..
To ensure it is not a fakeout Breakout check the hourly charts to see if the support is properly tested...
My targets for mid term would be 300-305, 330
The stock price is hitting 11 year old resistances .. The overall chart structure is very bullish you can see the huge momentum through the steep angle of the move that is also supported by the rising volumes
The Volumes suggest a move up as well.. However, there has been huge rejection on these levels before so wouldn't recommend taking a trade now..
To trade NMDC.. Buy after daily candle closes above 197.. That would mean a BO from the descending Triangle and 11 year old resistance..That would be a huge bullish sign..
To ensure it is not a fakeout Breakout check the hourly charts to see if the support is properly tested...
My targets for mid term would be 300-305, 330
노트
The price has been rejected by resistance and there is a downward breakout from the triangle structure...There is heavy profit booking and probability is high that price would move further down. It is a good time to sell
관련 발행물
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.
관련 발행물
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.