Breaking below the 10 week MA on heavy volume is considered a strong sell signal. NRP has been a strong compounder for people who has held the stock for the past 2 odd years where the total return has been over 400%.
NRP is an energy stock. Shown on a 15-minute chart it appears to have a reversal pattern.
The mass index indicator's value has risen above 27 and is about to trigger with a fall under
26.5. The normalized MACD shows a cross of the MACD and signal line well below the zero line.
The 28 period linear regression line has given a buy signal below the last candle. ...
This stock was battered and has been on a downward trajectory since May 2019. However i am observing signs of fatigue from the bears. The blue zone was an important resistance which was ultimately pierced by price ,price then came back last week to retest this zone and closed with a good inverted hammer. I take this trade bullish with an ultimate target of...
NRP is ow trying to break through the resistance set at 39 for the third time in the past few weeks. If it closes above and has a bit more volume, I will probably be entering this trade.
First of all, wait for a price pullback around the 30.00 or some price consolidation above 30.00 area this takes some weeks be patient dear reader.
Targets?
The first target for a swing trade can be around 39.00 (Not 40.00)
The second target for a Position trade can be ? ?
A objective based in past support and resistance levels looks too dreamer and this need to...
