LONG - 2 to 3 weeks target - 5p - 5.20p - above 20ma & t-lineG6 news to come from NTOG soon on production increase
CCI upside movement
Above 20ma and last week we closed above it, still above t-line
hoping for a cross from t-line with 20ma to drive this higher next 1-2 weeks.
stop loss at 3.72p
top up at 3.85p if that does retrace at some point.
Target 5p-5.20p
NTOG trade ideas
#NTOG #NostraTerra - Bullish on the weekly, Wave 5 ahoyThis came in as a special request (I'm not a holder - yet anyway). And after a big move last week, I agree this is worth a look.
The weekly chart has lots of bullish clues in it:
Could be entering a 5th Elliott Wave
200 week moving average halted the move of W3 - this is a key line to break, but possibly strong resistance too
Indicators looking positive. In particular note that the RSI has stayed above 50 during W4.
Potentially a good one to hold for some time longer if you already do.
