Get ready for a thrilling ride with NOT!
The daily chart of NOT is painting a bullish picture, with a potential start of a new uptrend.
Why is this bullish?
* Elliott Wave Analysis: The recent price action aligns with the Elliott Wave pattern, suggesting a potential wave 3 after a sharp correction.
* Demand Zones: The price has found support at multiple demand zones, indicating strong buying interest.
Where to Buy?
The current price is a good entry point for long positions, especially if it breaks above the resistance levels.
Where are we headed?
The targets are marked on the chart. These are the potential destinations for our bullish journey.
What's the Stoploss?
Place a stop-loss order below the nearest demand zone to manage risk.
Remember, Risk Management is Key!
Always use proper capital management and risk management techniques to protect your investment.
Let's ride this bullish wave together!
Have any questions? Feel free to drop a comment below!