Australia's largest stock trading and investment forum Australia's #1 stock forum

NWE

Click for more information

0.00%

5.6¢ norwest energy nl

NWE chart discussion, page-2

First 2 Last

Share
Profile

Follow
hlnbidoffer

983 Posts.

175

16/09/21

13:16

Post #: 56116748
Share

Originally posted by hlnbidoffer: ↑

couldn't see an active chart thread.

looking at the daily you can clearly see a bullish flag formation. zoom into the 2 hourly and we are well and truly at the end of the range and about to pop.

the flag pole is from 0.008 to 0.02. flag formed between 0.014 to 0.02.

this is a very bullish setup and I see a 0.032 target upon clear breakout. 0.02 is well and truly the new support.

going to be an exciting couple of days

Expand

I'll add that even if you don't subscribe to the flag formation theory there is no denying it is at the very least an ascending triangle which on that two hourly chart gives a target of high 20s.

NWE Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 89 more messages in this thread...

First 2 Last

Add NWE (ASX) to my watchlist

SPONSORED BY