Long Nelco Fast Move.
Recent highest volume ever before earnings.
Due to weakening market strength, it corrected, it still managed to make higher lows.
it can signal the start of good-up move.
Quick 15-20% in 2 to 3 weeks is excepted with such patterns.
With risk of closing below SMA 21. Gives an good risk reward ratio.
SL closing below 835
hard sl 810
target 1050
Due to weakening market strength, it corrected, it still managed to make higher lows.
it can signal the start of good-up move.
Quick 15-20% in 2 to 3 weeks is excepted with such patterns.
With risk of closing below SMA 21. Gives an good risk reward ratio.
SL closing below 835
hard sl 810
target 1050
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