dRends35

NNOX - End Of Correction

Short
dRends35 Updated   
NASDAQ:NNOX   NANO-X IMAGING LTD
NNOX appears to have printed a corrective top pushing up out of an ascending wedge to form a shakeout reversal pattern through 0.5 fib and then weaving back through 50WMA.

Previous weeks candle close was quite telling I think also printing and SRP upper wick doji through 50WMA.

Should be heading a lot lower and I have bought ATM 2024 leap puts to catch the next leg down.

Not advice.
Comment:
Comment:
Day prints quite a bearish candle to close with wick rejecting from trendline. This looks like a flat correction I think for the dominant trend to resume to the downside.

Comment:
This was a perfect entry perhaps, going very well so far😸.
Comment:

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