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NMDC to target 31 / 32.4 after crossing 28.4
NMDC Group PJSC
Long
NMDC to target 31 / 32.4 after crossing 28.4
By snour
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Updated
Dec 10, 2023
3
Dec 7, 2023
1-hour chart, NMDC, after crossing the blue line at 28.4, the target will be 31 extended to 32.4
A chart pattern (ascending rectangle) will be formed.
Technical indicators RSI and MACD are supporting this view.
Stop loss 27.5
Dec 10, 2023
Trade closed: stop reached
abudhabi
ADX
Chart Patterns
Technical Indicators
NMDC
uptrend
snour
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