#NUOG #NuOilAndGas - Hold above 200DMA and it's on!
Didn't quite get to the 78.6% retracement, but broke nicely out of a falling wedge (which I hadn't spotted on my previous chart attempt).
The price has also popped its head above the 200DMA again, and has spent the last few days back-testing it. A strong move off this in the next day or two should cement the end of the correction period and begin a new bullish wave formation.
The price has also popped its head above the 200DMA again, and has spent the last few days back-testing it. A strong move off this in the next day or two should cement the end of the correction period and begin a new bullish wave formation.
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