Chart Analysis: LONG $NLS

Chart Analysis: LONG $NLS

Watchlist Stocks

$NLS – 11/30/20

Seeing the same type of pattern as PTON here, except for not breaking out of pitchfork. Long at $20.30.

Long: $20.30.
Price Target: $25-26
Stop: $17.50

$NLS - Long Here - RSI Divergence, but not out of pitchfork by CCInvesting on TradingView.com

Chart Analysis: LONG $NLS

Chart Analysis: $PTON – Pitchfork Breakout

Watchlist Stocks

$PTON – 11/30/20

This stock had a great run up as one of the “stay at home” plays. Has pulled back recently but looks ready to make another run up. RSI divergence and breakout from pitchfork. Pitchforks are new for me and slightly subjective (as are many indicators) but let’s see if it works. I have my money tied up so I can’t enter, but this could be a good entry. Will track just to see if it works.

Potential Entry: $115
Initial Price Target: $130
Stop: $107

$PTON - RSI Diverging From Trend by CCInvesting on TradingView.com