andrew.berg

NPSP wedging near highs

Long
NASDAQ:NPSP   None
NPSP bounced off from $22 support that is in tact since November 2013. After consolidation it broke up $28 consolidation resistance with two ignited, green candles. Now it is wedging near highs and preparing to new move higher.

It is not ready yet, but will be on my long list with trigger above $34.70 and stop below $31.50 makes this trade acceptable from Risk/reward point of view, as my first target are 2014 highs at $39.68.

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.