NUSCALE ABOUT TO ROCKET
So am I buying NUSCALE TOMORROW? Yes 😍. Love the chart. 61.8% retracement offered weekly support with a huge bounce of it -6.87% for the week and on the last day a huge 17.73% gain. The relative strength index at 57, above 50 so strength intact with a turn into the new week. A bullish engulfing candle adds the cheery to the cake.
The daily charts- volume of 10.46 m, highest since the sell off 9 days prior on volume of 15 million, the 20 day still above the 50 day average, 20 day and 50 day providing primary resistance (this could be a lesson for me- wait for breakout) along with RSI which is below 50. This is a risk as buy signal is not generated. We had this on one prior occasion but the 61.8% fib held strong on the support. My bet is the volume which is just averaging 1.5 million over the last 9 day average plus the news- U.S. Hydrogen Tax-Credit Revision will drive momentum tomorrow.
The daily charts- volume of 10.46 m, highest since the sell off 9 days prior on volume of 15 million, the 20 day still above the 50 day average, 20 day and 50 day providing primary resistance (this could be a lesson for me- wait for breakout) along with RSI which is below 50. This is a risk as buy signal is not generated. We had this on one prior occasion but the 61.8% fib held strong on the support. My bet is the volume which is just averaging 1.5 million over the last 9 day average plus the news- U.S. Hydrogen Tax-Credit Revision will drive momentum tomorrow.
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.