NOA Symmetrical Triangle Breakout

87
NOA looks to be breaking out on the Weekly.

Thesis:

- The RSI ad OBV is supporting the price action trend of higher lows.
- The TTM is firing off.
- In addition, the MACD on the daily is starting to cross the signal line.

Suggestion would be to enter on the weekly close above the 200 Day MA, I would use an ATR stop of *2 ($2.44)

First target $18
Second target - All time highs ($23-24)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.