NEBL under pressure
Greetings Traders!
Price retraced after hitting resistance at (1) as expected. Previous lower parallel held as support. (2) is key support, a break below would send price towards the EMAs, if support holds, further movement higher expected.
Price retraced after hitting resistance at (1) as expected. Previous lower parallel held as support. (2) is key support, a break below would send price towards the EMAs, if support holds, further movement higher expected.
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.