NLTX 16.00 target, if 13.43 resistance can be overcome

31 Oca 2020

13.43 is next major resistance (local high) to overcome, then targeting 16.

Support for idea
+breakout ascending triangle (12 resistance)
+local support/resistance (12.00, 13.43, 16.00)
+wave 3 wyckoff (8>12 | 12>10 | 10>+)
+inverse head-and-shoulders

3 Şub 2020

Not

12.00 stop loss triggered.

Developing doji on the day makes me nervous. Watch price-action/volume if previous high (12.42) is tested for either continuation up or double-top reversal.

3 Şub 2020

Not

^edit: previous high (12.77) is mark to watch.