NPSP wedging near highs
NPSP bounced off from $22 support that is in tact since November 2013. After consolidation it broke up $28 consolidation resistance with two ignited, green candles. Now it is wedging near highs and preparing to new move higher.
It is not ready yet, but will be on my long list with trigger above $34.70 and stop below $31.50 makes this trade acceptable from Risk/reward point of view, as my first target are 2014 highs at $39.68.
It is not ready yet, but will be on my long list with trigger above $34.70 and stop below $31.50 makes this trade acceptable from Risk/reward point of view, as my first target are 2014 highs at $39.68.
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