NVTS TRADE UPDATE - Massive upside potential...STILL!

NVTS UPDATE 💾

The H5 Trade is still intact...for now. We are at an inflection point in the markets and although I believe we get a big bounce higher soon nothing is concrete.

If we do get a bounce and what I believe will be a blow off top in this bull market then this name base on the setup will do very well to start blasting through these profit targets.

- H5 indicator is green
- At volume shelf
- Higher low
- Already successfully retested falling wedge breakout area.
- Broke out of downtrend
-Volume gap to fill
-WCB is formed and thriving

When companies break out and successfully retest it is common for them to consolidate above the breakout area to create new support before continuing higher

Don't make buy/ sell decisions based solely off price action, have a strategy and follow it so you don't get burned up in the massive swings...especially on volatile stocks. This name has given me 70% gains off the initial breakout and after we loaded back up off the retest.

Not exiting this name unless my strategy indicates a correction or crash in the markets is upon us or my strategy tells me to exit this name (Red H5 Indicator/ Break of support on WCB).

NOT FINANCIAL ADVICE