NST has broken out of the bearish trendline with high volume. The breakout to the upside has worked worked well and this could be a confirmation of a new swing to the upside. NST has moved up since and has been consolidating within a flag pattern which is a bullish pattern and a follow through to the upside is expected, therefore I am long NST.
My trade plan is given below:
TP: $12.50 (potential gain - 12%)
Stoploss - $10.15
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
My trade plan is given below:
TP: $12.50 (potential gain - 12%)
Stoploss - $10.15
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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.