Breakout within an upward channel This breakout will likely further and push to the top of the channel An earlier point that is comparable is in the white rectangle
$NI traded through the week without closing below Monday's low (daily average $ volume of $100mil), displaying resilience to the general market weakness. Currently a bullish flag formation, sitting on confluence of VWAP (from previous low) and 10/20 MA. 23/2 ER
I'm not going to buy this, it's just hooked at my filter. My Indicators have just turned to positive. And also the volume of the last 10 days is higher than before. I wish you good profit! Follow me! Thanks Important Notice - The index, stock, commodity, etc. I share here should not mean that I personally take a position. - It is important that my shares are...
Nice hammer candle on NI. Will wait for a close above the hammer's upper wick before entering trade. Opting for a more conservative stop loss given historical lower wicks that tagged recent support line.
There is a potential 10% gain in Nisource, after a double bottom patern.
NI is a stock in the utility sector which has been one of the strongest sectors of the year. The stock has been following a slightly bullish channel since mid-April & seems to be bouncing off support again. Just keep trading the channel until it escapes higher or lower.
NI Expected to open at 40.58 for a Perfect Gap N Go. Watch for nearby support/resistance. To learn this strategy for free, go to www.RealLifeTrading.com