$NXL 0.680 range tradeDecent volume finally appearing in all the right places,
Hard to believe it was ever $12 let alone 2 years ago
Holding with STT $0.865
NXL
NXL.ASX_Bearish Breakout Trade_ShortENTRY: 1.1501 (average)
SL: 1.285
TP: 1.055
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Breakdown with high volume today from range since 21 Jan 2022
- Entry based on today breakdown from range >3% with volume
NXL.ASX_Range Breakout Trade_ShortENTRY: 3.13
SL: 3.56
TP1: 2.91
TP2: 1.90
- ADX>20
- RSI<50,RSI<30
- Daily RS N/A
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD N/A
- Continue to short yesterday after high volume red candle but didn't like the reversal today with high volume
NXL.ASX_Breakout Trade_ShortENTRY: 4.03
SL: 4.70
TP1: 3.51
TP2: 2.39
- ADX>20
- RSI<50,RSI>30
- Daily RS N/A
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD N/A
- Breakdown with good volume on 29 Apr 2021
- Retraced with low volume today
