Nel Asa | Strong support, 50%+ potential upside back to ATHs

26 Mar 2021

On the weekly chart, Nel Asa has tested the long term dynamic support again after a sharp 35% pullback. For now the uptrend has held, and the slight hidden bullish divergence to the RSI gives me a bit more confidence in the trend.

Targeting a pump back up to ATHs throughout the year

Good long term play.

Would love to hear your thoughts!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)

31 Mar 2021

Not

Caught some nice support, this bump up definitely gives me more conviction on this play

26 Nis 2021

Not

This is going just as planned

6 May 2021

Not

Wow this week's sell-off was heavy. I believe 1.7 Euro is as low as it will go though, considering how well this range acted previously