This is on the monthly chart and very reliable . NAK is nearing a total breakout of a descending trendline in place since 2012. In confluence with this, NAK has been staying around it's floor price for months now. It looks ready to launch from this base. TP #1 = 1.15 (should be easy to reach) TP #2 = 2.50 (likely to be reached longer term) SL =...
with the rise of pebbles associated with EV, we will hopefully see NAK do it's thing. has been consolidating within this triangle since 2017. could go either way. but bullish divergence makes me want to think it's ready for a breakout higher.
Hello Traders, As you can see in the chart NAK is testing a strong support area, I expect it to bounce from here toward the 1$ goal. SL and target in the chart. Cheers 🥂.
It will most likely take appeal news later this year to send us to these initial targets.
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past...
Breaking out of the falling wedge pattern. First target at the 50% fib retrace level of $0.81 with a potential to retest the lower-high trendline near $1.04.
1HR Chart on the handle of the cup right now as well as a touch off the .86 support line on its way back up too over $1.00
AMEX:NAK Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100% * Minimum 30% Profit
$AMC $NAK $BB $AMC $BTC $ETH
Huge opportunity trending towards huge Gains low price. high volume coming soon but while cheap now good luck
Leaning slightly bearish here with another low below ~.90 but could see a double bottom in and start next move. More bullish over ~1.10 and bearish under ~.97
Bullish longterm and expecting slightly more correction at this point ~.75 to ~1.
So it broke my heart, not once, but many times. I remember first finding out about NAK and being so optimistic about it! But now it is being algo'd and running the same pattern almost daily. PM hours it spikes, then at 9am it gets pushed down, at 930am it gets pushed down more, then until 4pm it trades in a channel. It has a strong bottom support. It has a...
Looks promising so far. Put some rough targets. Goes below ~.9 turn more bearish
Looking for a C wave. Don't think it is in yet but could potentially see 5 waves off of the bottom. Expecting another low right now