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I'm liking this pullback.Someone has intentionally set up walls...

  1. Crusaders95
    554 Posts.
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    28/08/23
    13:39
    Post #: 69588546
    I'm liking this pullback.

    Someone has intentionally set up walls to stop any run up.

    https://hotcopper.com.au/data/attachments/5543/5543396-b8a4e732ea121504e7adf1f35d05d180.jpg

    Closing at 16c would be preferable to continuing the run.

    It would bring the MACD to point of convergence - to which if there is any positive news or momentum up - it will be a strong one, RSI would have more room to move before being considered overbought in the event of a run.

    Definitely on the lookout this week.

    https://hotcopper.com.au/data/attachments/5543/5543401-9ec544e3a4cdf1789e7127151b419ab8.jpg



    Last edited by Crusaders95: 28/08/23
    NRX Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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