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I think it's looking good but quite oversold. The chart is in log scale. A pull back towards the bottom red band wouldn't surprise me and that would be a chance to buy some more. But below that wouldn't look good. If it makes one more higher high, that would be a negative divergence on weekly chart which is perhaps a good spot to exit and wait for a pull back.
can you please chart NFX ticker for me I'm lost a liitle about stock direction
ReplyDeleteI think it's looking good but quite oversold. The chart is in log scale. A pull back towards the bottom red band wouldn't surprise me and that would be a chance to buy some more. But below that wouldn't look good. If it makes one more higher high, that would be a negative divergence on weekly chart which is perhaps a good spot to exit and wait for a pull back.
ReplyDelete