NL: Ascending Triangle, awaiting confirmationAscending Triangle, waiting confirmation
Pros:
R/R ratio above 12
Descending volume during formation
Volume peak at break out
PPS above 50Ma and 200MA
ATR ascending, more volatility
RS ascending and above 0
250RSI above 50
Cons:
200MA descending
If confirmed, Target:
PT = 5,73
NL trade ideas
NL Industries Inc Trend BreakNL Industries, Inc. is a holding company, which involves in components products and chemical industries. It operates through its subsidiaries: CompX International, Inc. and Kronos Worldwide, Inc. The CompX International, Inc. manufactures precision ball bearing slides, security products, and ergonomic computer support systems used in office furniture, computer-related equipment, tool storage cabinets, and refrigerators. The Kronos Worldwide, Inc. produces and markets value-added titanium dioxide pigments. The company was founded in 1891 and is headquartered in Dallas, TX.
$NL Retracement Complete 1.68 Extention Target NL Industries, Inc. is a holding company, which involves in components products and chemical industries. It operates through its subsidiaries: CompX International, Inc. and Kronos Worldwide, Inc. The CompX International, Inc. manufactures precision ball bearing slides, security products, and ergonomic computer support systems used in office furniture, computer-related equipment, tool storage cabinets, and refrigerators. The Kronos Worldwide, Inc. produces and markets value-added titanium dioxide pigments. The company was founded in 1891 and is headquartered in Dallas, TX.
SHORT INTEREST
142.53K 09/30/19
P/E Current
-4.88
P/E Ratio (with extraordinary items)
23.58