A few Points: - RSI divergence: higher lows on the RSI versus lower lows on weekly candles; - This weeks' candle was a truncated wedge, very eager Bulls that bought before a lower low was established - Strong magnet back to Lockdown lows
- NU makes great opportunities to go long for swingtrade - Wedge/Bull flag needs to mature some more - Several gaps unfilled, particularly October lows will push price further down to ~9.5 area - As always, patience and proper timing is key
- 40 week pattern in the making of a rare diamond pattern - offers great opportunities for either long or short - targets based on the height of the pattern