Long
An Accumulation Phase!
The candlestick pattern indicates an accumulation phase for NWP backed by high volume.
The MACD indicates a divergence signal without significant momentum. Hence, confirming the candlestick pattern.
The RSI momentum is below index 50 due to less buying interest from the traders.
Let's save NWP in WL and watch out when the price begins an uptrend pattern with a cross-over towards the trendline as a price resistance.
R 0.210
S 0.195
The MACD indicates a divergence signal without significant momentum. Hence, confirming the candlestick pattern.
The RSI momentum is below index 50 due to less buying interest from the traders.
Let's save NWP in WL and watch out when the price begins an uptrend pattern with a cross-over towards the trendline as a price resistance.
R 0.210
S 0.195
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.