NIS chart, page-398

Any musicians might see some similarities in reading the flow of the Chart (not being all that serious on the music part but it does look like Sheet Music moving up and down the staff or in this case the support/resistance levels and the "notes" (circled areas) of accumulation with the light blue "stem" of the "note" showing the rise to the next level.

The MACD has a nice uptrend and coincides on dips with each of the circled bubble zones above where it's pulledback, accumulated and then moved up again. This is all happening within the day rather than across the week so to see this you need to look at the hourly chart as the daily doesn't allow one to see what's actually happening at a quicker timescale as both the daily and weekly are lagging timeframes.

The yellow line going up along the MACD shows the strong support levels being hit, with volumes alos consistent across and relatively high.

The latest accumulation area is where NIS is now, 13.50 - 14.50 zone and the blue vertical line indicates the next potential target area which is 16c to 17c.

Strong close at 14c after another shakeout attempt in the afternoon.