Diamond-hunter

NAS 100% to 15NOK - Path to 50NOK

Long
OSL_DLY:NAS   NORWEGIAN AIR SHUTTLE ASA
Welcome to a concise chart analysis of NAS (Norwegian Air Shuttle). I'll provide a straightforward overview. NAS is showing intriguing potential.

The NAS chart features a diamond bottom pattern. The crucial point is the robust support at 7.5 - 8 NOK, indicating a stable floor.

The Exponential MACD displays a zig-zag pattern, signaling NAS's alternating bullish and bearish momentum. Currently, it's on the verge of a potential upward shift.

Breaking the 15NOK resistance level can turn into substantial support once surpassed. Once we break 14-15 NOK, the path to 50NOK becomes a real possibility.

Do you own research. Happy trading!




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.