NICE trade ideas
A Price Breakout Signal!A significant price movement on recent trade make the candlestick in a price breakout signal where the price closed above the MA20, MA50 and MA200 line with high volume confirming the significant price price movement to the highest peak.
The RSI indicator have not yet cross-over indexer 70, therefore, it still within the tolerance level.
MACD and OBV indicators confirming the price uptrend where it indicate a positive uptrend towards next price resistance.
Precaution for a price correction between 10% to 20% from the recent price peak due to a short position by the trades. And beware of the price support line.
Let's save NICE in WL and watch out for price movement to the next price resistance with volume supporting the price movement to the next price resistance.
R 0.180
S 0.135
NICE - To See Trading Interest with Recovering Gold PriceNICE
Rst: 0.28
Spp: 0.20
Testing breakout from long term descending trendline, pretty positive on this as the push happened after a breakdown from MA200 (which means the flushing shall have completed), supported by rising indicators and improving volume, the stock likely to move further.
NICE target LONGTA
There are two demand available so if price break the 1st demand will be looking for the second demand. Wait for reversal candle or bullish structure form before enter market.
FA
Fundamental perspective not good . Price increase due to pandemic people tend to buy gold as saving. If want to trade this counter i personally will depend on current gold price. Buy at low as possible and sell high.
P/E : -74.73
DY : NA
QR : -1.1M
AR : -2.1M
NICE [S] VS MUIPROP [S] - Which one is your best choice..~Refer to the chart above..Both have their own charms....
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But which one will perform more tomorrow??
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Let's take a look together..
Which one is able to give us more 'happiness' and satisfaction in trading..
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However, bear in mind the market is not ours..
So, always be prepared with a trading plan...CL is a must whenever the trading plan does not work technically..
DISCLAIMER:
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Last but not least, TRADE AT YOUR OWN RISK (TAYOR)