NI trade ideas
NI providing a low risk entry opportunity for those interestedWhat gives you the confidence to pull the trigger on a trade? For me, this is it!!!!
After a 25%+ move, NI decides to:
*Tread with DOJI consolidation candles
*Decreasing ATR \
*Increasing RSI /
*MEANINGFUL Bounce of 21ema w/largest volume bar in over a month.
Hope she doesn't blast away Monday without me :)
NI - USAI'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
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Possible Head and Shoulder reversal @ 1H chartOn the down trend, there is a nice bullish head and shoulder forming with a possible long entry up to the resistance @ 1D.
We see the left shoulder and the head that formed nicely and the right should formation looks like it is supporting at the left should for a possible long entry.
I already entered the trade per my strategy which led me to enter a little earlier at the right shoulder formation.
You could wait a little longer for confirmation since the right shoulder hasn't finished forming yet.
Possible restest to continue down after break of upward wedge At 1D we see a an upward edge that broke the trend line and the support line with a gap. Currently it looks like if it was retesting back to the gap and the resistance line (that used to be support). If it does retest, it would be a nice entry to the short side at the 1H after confirmation.
PS. I already entered the trade a little bit before that and it looks like it is coming back down.
NISOURCE Inc on the Hot watchlist NiSource, Inc. is an holding company, which engages in energy solutions. Through its subsidiaries, it provides natural gas, electricity, and other products and services. It operates through the following segments: Gas Distribution Operations, Electric Operations, and Corporate and Other. The Gas Distribution Operations segment focuses in the natural gas service and transportation for residential, commercial, and industrial customers. The Electric Operations segment generates, transmits, and distributes electricity. The Corporate and Other segment refers to headquarters building owned by the company. The company was founded in 1987 and is headquartered in Merrillville, IN.