NCNA Was not going to add more content on this stock but I made a chart adjustment and it produced a new, outsized exit target. My approximate hold time/exit target range is now 5-7 days/$8-$8.5. Holding myself accountable for my trading decisions by posting this as I believe I won't be able to delete it after a set Tradingview period of time. Release the Kraken!
NCNA INDICATOR IDEA - I'm long on my two trades so I am chillen with time on my hands to explore Trading View indicators. I came across another gem indicator today. The Zigzag-Trend-Divergence indicator by TrendScope. I am a discrete chart guy versus analog so this indicator fits well. It either is, or it is not. And lookee lookee, it fits the range chart type like a glove. It has supertend bands which some may find interesting. This indicator is paired with the Buysellsignal indicator by yashgode9 which I have set to show the largest of trend changes. That indictor is not a pivot indicator as much as it is a general guide for entry and exit as price actions coming of the buy-point will often test that level multiple times, following. I may just have to say goodbye to the buy sell indicator and use this new one. It offers tight pivot indications and it makes my chart look like Christmas! Nice. *The purple range boxes and trend lines are my chicken scratches and are not part either indicator. Throw this indicator up on you candle, line, or Heikin Ashi analog type chart and see if it does not provide similar pivot clarity. Happy Trading! - INDICATOR IDEA
NCNA pop imminent? Watching Friday after hours move and if not, then Monday premarket. my indicators imply its at the optimum position for the move. False indication always possible!
NCNA update using another of my chart types. It appears that per my range chart set at 100R, with the ZLEMA indicator setting at 13, NCNA has pivoted to a bullish trend. On another of my chart types it displayed the bottom of what could become a sharp V pattern (which often implies to me that when a stock pivots, it pivots hard to the upside). It may finaly break out of its pretend currency trading unit of $0.001 and ranging under a penny and find it's way to $0.1 units. Will see if the institution(s) who are grinding this one out using $0.001 LOL are ready to return to the real world, reset their algo, and start trading in real currency values i.e. $0.01 and above.
NCNA: 57.3% move up today. Nice. Drop of 18% after hours. Not nice LOL. I am still holding for the long and looking at 0.1099 as the big kahoona breakout level.
NCNA don't see a double bottom with this one. More of a deep V price move to .4, or if momentum kicks in, to .74. Getting tired of holding this one though.