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With NAUT showing some life recently, it's time to consider a deeper long possibility. It has recently wicked through it's local trend and should proceed through the macro line soon.
LOOK FOR:
A cross of the moderate time frame pink trend line should lead to some fairly profitable targets.
RSI looks strong and healthy, no where near bottom of trend line.
The targets are placed through PoC first and the fib is placed after to provide additional information. As you can see, there is a nice channel that will suit as a target range.
With NAUT showing some life recently, it's time to consider a deeper long possibility. It has recently wicked through it's local trend and should proceed through the macro line soon.
LOOK FOR:
A cross of the moderate time frame pink trend line should lead to some fairly profitable targets.
RSI looks strong and healthy, no where near bottom of trend line.
The targets are placed through PoC first and the fib is placed after to provide additional information. As you can see, there is a nice channel that will suit as a target range.