Clear Bearish seup! Potential PT 100, 95$ the 85/80$ Open Gap. Mental stop above 109$. Stay Tuned!
NKTR has formed an ugly bull flag. indicators look to confirm setup.
Range broken channel starting to form, close to the start of the trend.
2 possible long entries here. Hoping for bear raid to prove 50MA support. New money on volume spike and narrowing volatility tells me another beautiful green candle is around the corner.
if this can hold above the 23 level and hold on a breakout over the resistance then it could get a nice run because it would squeeze the shorts out and all of the momentum traders would come in, all predicated on if it can hold over the 23 level.