Bullish on newell brands

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For over 1 year NWL is oscillating in a channel with about 6.5 support and 9 - 9.5 resistance. Each time it tries to break the resistance buy it bounces back to its support level.
This time it seems that NWL breaks it resistance, keeps it in red market and closes at around 9.6 recently.
I think in near future it will hit 11 $ as first target, following a correction. in a long term it could reach 16 $ easily.
Good luck to everybody.
Giao dịch đang hoạt động
It seems that it reached my initial target. I think there will be a correction from here. Specially, end of the year is approaching. I take profit in this stage and waiting for another entery point in 10ish.
Support and Resistance

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