Entry conditions:
(i) lower share price for
NXG along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $10.21 (open of 4th August).
Stop loss for the trade, depending on risk tolerance, would be:
(i) above the recent swing high of $10.92 of 7th August, or
(ii) above the potential prior resistance of $11.18 from the open of 28th July, or
(iii) above the potential prior resistance of $11.66 from the open of 28th October 2024.
(i) lower share price for
NXG along with swing of DMI indicator towards bearishness and RSI downwards, and(ii) observing market reaction around the share price of $10.21 (open of 4th August).
Stop loss for the trade, depending on risk tolerance, would be:
(i) above the recent swing high of $10.92 of 7th August, or
(ii) above the potential prior resistance of $11.18 from the open of 28th July, or
(iii) above the potential prior resistance of $11.66 from the open of 28th October 2024.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
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.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
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.