I never like to short NPN. Such a correction might only be temporary.
A price action below 273500 supports a bearish trend direction. Crossing above 266900 will be the first sign of strength returning.
Crossing below 253800 might target 240700.
The recent price action is steep and might support a correction back to its 45-degree angle.
Such a correction might be regarded as healthy.
A price action below 273500 supports a bearish trend direction. Crossing above 266900 will be the first sign of strength returning.
Crossing below 253800 might target 240700.
The recent price action is steep and might support a correction back to its 45-degree angle.
Such a correction might be regarded as healthy.
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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.