NTRN - simple long idea
Recent break of trend (yellow line). Hoping to flip that old resistance into support and get a retest. Long on the retest around 0.475 which is also 200 SMA. SL below the 50 day SMA around 0.375.
Golden cross coming up, set TP1 at 0.59 (mid point in larger channel, and pivot point), TP2 at top of channel 0.79 and TP3 just below 1.00.
Seems pretty simple, but RSI not really showing anything. Not sure on unlocks, but price close to launch and 4x from ATH, so looks promising. Interested if others agree or have a different perspective...
Golden cross coming up, set TP1 at 0.59 (mid point in larger channel, and pivot point), TP2 at top of channel 0.79 and TP3 just below 1.00.
Seems pretty simple, but RSI not really showing anything. Not sure on unlocks, but price close to launch and 4x from ATH, so looks promising. Interested if others agree or have a different perspective...
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