NAUT is currently forming a cup and handle formation.
A couple red triangles have formed within the handle. We are currently testing support at the lower red line of the handle.
Line 3 is our next support zone if we fall through the red lines. Watch RSI to see if we can climb back above the lower trendlines.
Stochastics could embed and drop under 20. If so, wait for the blue line to cross on top of the yellow and cross back above 20 for a buy signal. If this happens, zone 2, the 100 day moving average (pink line) and long term support line u (green) could be tested.
Bullish if we can make a move to the top of zone 3 on good volume
A couple red triangles have formed within the handle. We are currently testing support at the lower red line of the handle.
Line 3 is our next support zone if we fall through the red lines. Watch RSI to see if we can climb back above the lower trendlines.
Stochastics could embed and drop under 20. If so, wait for the blue line to cross on top of the yellow and cross back above 20 for a buy signal. If this happens, zone 2, the 100 day moving average (pink line) and long term support line u (green) could be tested.
Bullish if we can make a move to the top of zone 3 on good volume