NFI bulls cant beat this formation 2.0These are the same charted technicals as my previous post about NFI, although instead of the monthly timeframe it's on the daily so you can see the candles following the resistance, trendline, and Fibonacci retracements. I have my eyes on the $21 price level, as each retracement is another roadblock that bulls have to get across.
Only time will tell now.
LET'S GET THIS MONEY THOUGH
NFI trade ideas
NFI bulls cant beat this formationI used to know the real terms for the MACD and RSI but from what I see the flag pole on the monthly time frame matches up with the undervalued RSI and the MACD s about to swing upwards (if that's how you say it) hopefully keeping momentum and breaking the resistance level at 19.55 price level.
I have my eyes on the $21 price level.
LONG TERM BUY/HOLD Upgrades to public transitNew Flyer Industries
Biggest bus/Coach manufacturer in North America
There new line of All electric busses And Clean Diesel are going to be the industry standard
The just partnered with a company to build charging systems for there electric bus line, Claims that they can charge the busses in
6 Minutes
With the world going Green, cities are starting to upgrading there current fleets to include these busses. With the potential to charge these busses in under 10 Minutes will let them stay out longer than the current Diesel busses that are being used. This company has being posting profits quarter after quarter for years now. they also pay a decent Dividend. This company builds buses and coaches to suite anyone's needs and will continue to be the top player in norther America for years to come.
This is a fantastic equity for your portfolio if you don't already own something in this sector. It is currently undervalued and a great time to buy in after it's recent bounce off of support.