Natuzzi, S.p.A.Short
NTZ: Price rejection following Spike up
Price rejection after spike
May retrace back to fill the gap
Pros
Low volumes (Except for Spike)
200MA declining
250RSI below 50
Cons
PPS above 50MA and 200MA
ATR climbing
If confirmed
PT1 = 1,64
PT2 = 1,42
PT3 = 1,31
PT4 = 1,20
Bonus PT5 = 1,10
May retrace back to fill the gap
Pros
Low volumes (Except for Spike)
200MA declining
250RSI below 50
Cons
PPS above 50MA and 200MA
ATR climbing
If confirmed
PT1 = 1,64
PT2 = 1,42
PT3 = 1,31
PT4 = 1,20
Bonus PT5 = 1,10
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