Rebound Insight
Our Pivot: 39.80
Our Preference: Buy NCL as long as its trading above 43 with strict stop loss of 39.80 and profit target at 52.00 and 54.50.
Alternate Scenario: Downward penetration of 39.80 would call for 33.00.
NOTE: NCL have generated a hammer on weekly chart after getting support from a horizontal supportive region and weekly stochastic have generated a bullish crossover which would push it in upward direction for a correction of current bearish rally.
Weekly chart with supports and resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.