Stock looks even better today, fought off poor cisco earnings, currently above 200dma resistance on good volume but needs to close above, next target is 50dma at $87.19, December target $90 and then short as this stock is still in long term downtrend, rising MACD and RSI, plus 8 ema about to cross 21 ema on good volume is all very bullish, pullbacks should be bought
NE has been in a long-term downtrend, recently it finally broke above this trendline on high vol after recently trigger a vol stop buy, with the 50 dma above to recross the 200 dma and 8 ema well above the 21 ema, MACD and RSI are already pretty high, still really like this for long term and even short term into year end, bullish catalysts in tax-advantaged...
Great looking chart here, MACD has crossed and rising, RSI rising, Day 1- Vol Stop Buy, 8 ema curling up towards 21 ema, Resistance is at 200 ma at 84.87 and then 87.26, target for swing trade is $90 as stock is still trading within long-term downtrend, this is a short term (1-2 months) play only as long as volume keeps confirming, recent vol looks great however
Golden Cross, curling MACD, rising RSI, day 1 Vol-Stop Buy, 8 ema about to cross 21ema, above 50 and 200 day moving averages, only concern is low vol but signs point to a rise short term into December....Choo, Choo