NESCO LTD.
Long
Updated

Ending Diagonal on NESCO

121
Positives:
Ending Diagonal is seen. And the breakout did involve Volume. There is a big chance of an upside in coming days.
The Company is in Value Zone currently.

Negatives:
The headwinds are from the current COVID situation because the company rents out spaces which involves people gathering

Target 1: 515
Stop Loss: 428
Target 2: 714 (Very Agressive)
Note
Also as a supporting Evidence RSI divergence is seen

snapshot

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