BB contracting..Looks like it will bust a move soon..in a squeeze
NV is high short interst low
A lot going on in this chart//there is also a falling wedge and if price breaks over 166.6 it will be out of falling wedge..but needs to be an uptrend in place when price breaks up from falling wedge. Falling wedges are often bullish close to the bottom and can signal a reversal
A lot of work to do for this stock due to R above price. Guess it depemds on if you want it or not as it may be a struggle. S at 109.4
If it breaks up or down from rectangle..then mid rectangle is your stop either way it breaks
Not a recommendation
NV is high short interst low
A lot going on in this chart//there is also a falling wedge and if price breaks over 166.6 it will be out of falling wedge..but needs to be an uptrend in place when price breaks up from falling wedge. Falling wedges are often bullish close to the bottom and can signal a reversal
A lot of work to do for this stock due to R above price. Guess it depemds on if you want it or not as it may be a struggle. S at 109.4
If it breaks up or down from rectangle..then mid rectangle is your stop either way it breaks
Not a recommendation