stephanelibatd

NEWELL BRANDS Rating

Short
NASDAQ:NWL   Newell Brands Inc.
Hey my friends, NEWELL BRANDS is in a fake bearish move with high volume late in the session and a pent-up attempt by buyers. On the TIMEFRAME M1 we can see a hammer bear candle, we are witnessing the slowdown of sellers. It goes to its next low and back to its climb. Great possibility of breaking out the balance zone and at the same time breaking the strong resistance to reach the last high point. See the TIMEFRAME H4 between several resistance to pass, then go to the top that follows and arrive on the symbolic number of 19.00.
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