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AsimMirzaTrader

NHC - Trade Plan

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NEW HOPE CORPORATION LIMITED (ASX:NHC)  
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ASX:NHC   NEW HOPE CORPORATION LIMITED
Trend Analysis Chart Patterns Wave Analysis ASX asx200 asxlong asx200long NHC
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trendanalysis chartpattern waveanalysis asx asx200 asxlong asx200long nhc
NHC seems to have been forming a base since start of April 2020 and I expect that this bullish price action on the Daily Timeframe is poised to continue higher. I think that it may have much upside room to go. I would be targeting the resistance area of $2.00 with a potential gain of almost 50%.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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NHC has closed above the bearish trendline with High Volume. suggesting it will head higher in the coming weeks. My initial target would be previous Resistance as TP1 which is $1.555 and TP2 at $2.035.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.