Volatality contraction pattern seen in nureca
with good volume drop pand breakout with huge volume
expecting good rally in comming months
trade with strict SL
Nureca is a stock that had a fantastic run of hitting continuous 5% UC soon after it got listed last year. Since then, the stock has been consolidating and now is forming a base above the 50% level of the trading range in which the stock is currently in. The company is expected to announce their quarterly results over the weekend. Conservative investors can take a...
After posting a spectacular upside rally, Nureca started consolidating sideways and is now forming a descending triangle. One needs to wait for a breakout / confirmation for the next course of Price Action before taking any trade.
