NELCO LTD
Long

Long Nelco Fast Move.

131
Recent highest volume ever before earnings.

Due to weakening market strength, it corrected, it still managed to make higher lows.

it can signal the start of good-up move.

Quick 15-20% in 2 to 3 weeks is excepted with such patterns.

With risk of closing below SMA 21. Gives an good risk reward ratio.

SL closing below 835
hard sl 810

target 1050

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.