NOD looking for a buying opportunity.
A little while ago I expected NOD to make a correction already, but it kept steaming on upwards!
Target for this one according to fundamentals is around NOK 130,-
However, the big problem with these runs is to find a good buying opportunity, especially if the price is at an all time high, so you don't have previous supports/resistances to work with.
So all I can go on is the most recent resistance turned support and the fact that NOD left 3 gaps recently.
So if it fills those gaps and revisits this support (and finds support), that would present an excellent buying opportunity on a bullish stock.
Target for this one according to fundamentals is around NOK 130,-
However, the big problem with these runs is to find a good buying opportunity, especially if the price is at an all time high, so you don't have previous supports/resistances to work with.
So all I can go on is the most recent resistance turned support and the fact that NOD left 3 gaps recently.
So if it fills those gaps and revisits this support (and finds support), that would present an excellent buying opportunity on a bullish stock.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.