NILI.V (Surge Battery Metals)
Candlesticks:
This past week NILI.V closed Thursday with a dragonfly doji candle, followed by a bullish engulfing on friday. The last time a dragonfly doji appeared was on September 9th, which marked a trend reversal that resulted in a 90% in price over 45 days.
Technical Indicators:
MACD on the daily is about to crossover indicating a possible shift in momentum from bearish to bullish.
Possible Entry:
looking for a confirmation on the trend reversal on Monday with a candle closing above the downward channel that Nili has been trading in over the past couple weeks. If that happens I will take a long position and be looking for profit taking opportunities at .40, .45, and .50 cent price ranges.
I am new to trading and this is my first analysis. Let me know what you think and if I got anything wrong here, any feedback is appreciated!
Candlesticks:
This past week NILI.V closed Thursday with a dragonfly doji candle, followed by a bullish engulfing on friday. The last time a dragonfly doji appeared was on September 9th, which marked a trend reversal that resulted in a 90% in price over 45 days.
Technical Indicators:
MACD on the daily is about to crossover indicating a possible shift in momentum from bearish to bullish.
Possible Entry:
looking for a confirmation on the trend reversal on Monday with a candle closing above the downward channel that Nili has been trading in over the past couple weeks. If that happens I will take a long position and be looking for profit taking opportunities at .40, .45, and .50 cent price ranges.
I am new to trading and this is my first analysis. Let me know what you think and if I got anything wrong here, any feedback is appreciated!
Ghi chú
Forgot to mention that NILI has two analyst 1-year price targets of $1.50 and $3.90 for an average price target of $2.70. Ghi chú
Weekly chart also shows price bouncing of the 200 SMA. Last candle close on the weekly was also a hammer candle, which also indicates a trend reversal.Giao dịch đang hoạt động
Entered trade @ $.375Price targets are $.60 and $.77
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.