NST.ax Northern Star Ltd
has displayed a consistent 83 day cycle. This puts 15th March 2022 as a possible date for the high of this cycle with a target of $11.40 (CMP $10.18) - providing a possible upside of $1.22 (12%) in the next 8 trading days.
IMO(and not trading advice).
NST has already accumulated a considerable volume at of price 9.10~9.40 range for about 120 trading days. If the price action sustains above the current 100d moving average in succeeding trading days would likely indicate a turnaround for the bulls.
Additionally, NST as a gold mining company would likely also tell a good entry for a...
I am not confident that ASX:NST would continue or form a up trend from here.
considering development in gold, I think NST can potentially go further down if it does't go up from here down to $6.25 range.
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Cresendo.
What a sh1tcoin ASX $ghold stonks all are
falling wedge onto strong support
RSI30 nowehere near- being sold into to coast and bring it further south. They aren't ready for he to float yet
If gold looks liek it'll take off, will tehy slam it south to complete the cycle??? MAYBE!
It's trying to hold on... tryinhg!!!
I $gold doesn't bang back, she'll let go.
Bearflag being backtested, siting on strong support but........ tap tap tap smash!
NST is showing a bearish head and shoulders pattern which often appears before the big moves. I wont be putting a penny in this business until we are clear.
NST has pulled back to it's Fibonacci 61.8% zone and is showing signs of support and bullish price action. I am bullish NST targeting the previous highs of $11.80.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Added onto NST holdings on fridays open. Golds price action was seen and taken account of, so had no reason not to load up on friday. Any entry in NST with a stop at $10.40 is good over this coming week. Gold will be consolidating at these levels before breaking and pushing to $2000.
A few more days under the resistance line here will mean for a healthy push to the 200MA. Been adding to my position over the week and almost full. Will add the rest at break of $12.
Entries here with stop at $10.50 if gold tumbled over.
Gold is in a resistance zone, so im looking to enter NST once all the quick buy/sell traders have finished selling. Gold will likely stay in this current range for this week and next, so ill slowly enter into NST.
I choose NST as my gold stock for the simple reason of price growth. I see the best risk reward at these levels. With first target being $12.50. Entry...
NST has broken out of the bearish trendline with high volume. The breakout to the upside has worked worked well and this could be a confirmation of a new swing to the upside. NST has moved up since and has been consolidating within a flag pattern which is a bullish pattern and a follow through to the upside is expected, therefore I am long NST.
My trade plan is...
NST seems that it has found some resistance and is retracing lower. The breakout to the upside worked well and looks like the next pullback could be around the corner for another buying opportunity. I have marked a buy zone ranging between $9.70 - $10.40. If price retraces lower within that range, I would take a long position after bullish price action.
Please...
