Estimated Earnings 2-25..
Small divergence on daily but not on the weekly timeframe..
Hammer on monthly and weekly, as well as daily timeframes and is opening a bit higher on Monday..
ABC bullish pattern also still kicking..
Not a recommendation..
Short interest is high, very high..Shorties are not always right and could actually have contributed to the price rise..
It looks as if accumulation took place down under 15 as NV is flat. By no means does this mean this can not go higher, but Mr Market has most likely been selling off and on throughout this rally and probably has some more to sell at the top. Hard to know because he never behaves the same way twice, but will add just enough variation to present a challenge.
Just do not let him give you the very rope that you could hang yourself with (o: Be safe..
Small divergence on daily but not on the weekly timeframe..
Hammer on monthly and weekly, as well as daily timeframes and is opening a bit higher on Monday..
ABC bullish pattern also still kicking..
Not a recommendation..
Short interest is high, very high..Shorties are not always right and could actually have contributed to the price rise..
It looks as if accumulation took place down under 15 as NV is flat. By no means does this mean this can not go higher, but Mr Market has most likely been selling off and on throughout this rally and probably has some more to sell at the top. Hard to know because he never behaves the same way twice, but will add just enough variation to present a challenge.
Just do not let him give you the very rope that you could hang yourself with (o: Be safe..
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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.