NASDAQ:NLOK Possible Scenario: LONG Evidence: Price Action TP1~ 22 TP2 ~24 Call options, Strike 21$, 05/21/21
Break of 22.23, Inverted Head and Shoulders , Stop signal 20.83. Target 25.33, target 2 26.93.
NLOK stock seems ready for bullish momentum. there are divergences everywhere, as the price had 2 lower hight, but MACD and RSI (which is above 50) have both higher hight. plus the volume has been lowering in the past 2 weeks' bear trend, which DOES NOT confirm the downtrend. the price itself is also just above the MA 200, and the MA 20 and MA 50 just made a...
$NLOK looks like a broken stock at the moment, but it did have a huge sell-off and it seems to be forming a green hammer on the 60min chart. Will keep an eye on it.
Weekly: On the weekly we see the prices go higher, while EFI and MACD Histogram diverge in relation to prices. There is a ATR channel divergence as well, the high top goes well above +4 ATR, the top after that to +2,5 ATR and the current top to +2 ATR. Previous pullbacks dip to somewhat below the EMA, around -0.5 ATR. That would set the targets between 21 and...
Norton Life Lock has gapped down, in a generally upward trend. This gap could get filled quick!