NNE is moving up to test resistance at 36.8.
NNE bounced off the EMA25 (white line) with a promising volume profile.
You can see the Point of Control (POC)—yellow label—rising with a positive delta (154.55K). Additionally, all spreads at the upper wick show positive data, indicating that sellers could not overpower buyers.
If Monday's opening price is higher than 35 and/or the closing price exceeds 36.8, this stock is likely to rise further to test a higher resistance level.
IMO technically, it's 70% chance to going up again.
NNE bounced off the EMA25 (white line) with a promising volume profile.
You can see the Point of Control (POC)—yellow label—rising with a positive delta (154.55K). Additionally, all spreads at the upper wick show positive data, indicating that sellers could not overpower buyers.
If Monday's opening price is higher than 35 and/or the closing price exceeds 36.8, this stock is likely to rise further to test a higher resistance level.
IMO technically, it's 70% chance to going up again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.