N wave with E, V, N & NT projection.
The stock is trading at 0.815, slightly above the NT projection of 0.800. A breakout above 0.855 could confirm the continuation of the bullish trend. 0.800 (NT) as immediate support and this level must hold to prevent a bearish reversal.
This strategy assumes a bullish continuation above the current price, with critical support at 0.800 needing to hold to maintain bullish momentum.
R - 0.855
S1 - 0.800
S2 - 0.780
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The stock is trading at 0.815, slightly above the NT projection of 0.800. A breakout above 0.855 could confirm the continuation of the bullish trend. 0.800 (NT) as immediate support and this level must hold to prevent a bearish reversal.
This strategy assumes a bullish continuation above the current price, with critical support at 0.800 needing to hold to maintain bullish momentum.
R - 0.855
S1 - 0.800
S2 - 0.780
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
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.
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.