NHC head and shouldersNHC making a head and shoulders. Looks like we are in for a correction to $5.
DYOR and trade at your own risk.
NHC trade ideas
End of a rally?NHC below 20 MA was support now is resistance
NHC RSI Below 40
MACD Major drop to negative
Reversal 3 candle formation
NHC UPSIDE POTENTIALThis prediction is based on wave analysis, price action ,price strength and volume .
New Hope Consistently Making Higher HighsNew Hope is another coal miner similar to ASX:WHC that is just consistently posting higher highs.
Correct CODE is NHC.
Could be worth a look.
NHC coal its dirty "on the nose" atm healthly negative sentiment
get our discounted pullback in price wait from buyers to become active again. watchlisted
Perma
NHC Continuation4hr continuation here on New Hope Corp. Valid swing entry/scale in. All ASX coal miners showing strength as energy supply shortens up in Europe and Asia. Interesting to see this is showing a divvy soon. Will see how it ends up.
NHC - Trade PlanNHC has a very nice chart with impressive price action but now it seems that it may be due for a pull back because as price is going up, we can see Bearish Divergence on the RSI and MACD. The Bullish Momentum maybe running out of steam. I expect a pullback towards any of my my Buy Zones. My first Buy Zone is between $1.80 - $1.95 and my second Buy Zone is between $1.50 and $1.70. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NHC - Trade PlanNHC seems to have been forming a base since start of April 2020 and I expect that this bullish price action on the Daily Timeframe is poised to continue higher. I think that it may have much upside room to go. I would be targeting the resistance area of $2.00 with a potential gain of almost 50%.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NHC - Expecting a PullbackNHC moved higher as expected (link of our previous Trade Plan Idea attached) and now it has found resistance currently and is expected to pull back lower. This pullback is expected to reach the Bullish Trendline Support Zone of $1.260 and bounce higher. This could be a zone where we expect NHC to find buyers and take price higher.
We will be monitoring the Price Action closely once it finds support and will update accordingly.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NHC - Bullish Trade PlanAfter making a Higher High and then pulling back to Fibonacci Retracement of 78.6%, NHC has bounced off strongly giving a strong break of the bearish trendline with High Volume. it bounced off exactly from the High Profile Volume Zone (confluence), indicating that it is most likely to head higher towards its previous highs!!
TP1 - $1.380 (potential gain 5%)
TP2 - $1.430 (potential gain 9%)
Stoploss - $1.150
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NHC | watch for weekly upmove hey traders,
looking a this as an impulsive 123 correction to the downside with characteristics of almost being complete
regards,
TM
NHC - Price and volume breakout.Prices have hit target one at 2.45. Next target is at 2.50
Prices need to remain above 2.45 to continue to 2.50. If prices fall below 2.40, then we might see an attempt to close the price gap at 2.35
$NHC - ASX long swing trade set-upDouble click the price column to see the chart. Here's my trade set-up today $NHC based on confluence of indicator signals, green heiken ashi candles and bounce off support. Stop loss in place in case Trump has a bad hair day when he speaks with President Xi. Here's to the New Hope Corporation. Not financial advice.
