NST 1.52% $14.30 northern star resources ltd

chart updat bullish candle playing influence , page-8

  1. 4,578 Posts.
    andrew486,

    Markets will always act irrational you count on that... traders how there trades on T/A's will always protect their capital and work of confirmation.. Hence why I said I'm not currently holding as I wanted to see what today's price
    movement will be. If bearish from T/A the sp will retrace too find a support level... So thats the first thing I look for.
    So with the sp @ 81 it is finding support from base of green candle from June 13th.. If the sp breaches that I'm looking @ 50% fib or 78 cents for next support.. Also sp has dropped out of 1:2 gann angle so looking for to test in time period of of 1:3 which should act as support and would find 50% fib level of support..
 
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