NAS | Norwegian Air Shuttle | LongEntry Range: 10.374 - 9.902
Avg. Entry: 10.022 (RRR: 2)
1st. Profit Target: 11.270
Stop Loss: 9.404
HOW TO ENTER MY TRADES
1. Ladder your entries.
You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled.
2. Only first touches are valid.
If price is rebounding back into the entry zone after either the profit target or stop loss was hit the entry zone is no longer valid
Ready to set off - Bullish to go!!! NAS is ready to turnaround - Buy low sell high!
Norwegian has bin undervalue since the bankrupt, but as the trend shows, we have a strong support around - 0,97 euro, or 8,5 -9,50 Kr
As many know, Norwegian is one if the top best airlines, into the low price airlines in the north and Europe.
Why are they Norwegian a winner?
- Strong marketing strategy
- Professional advisory board and CEO
- Old prices and Trend, there is a huge potential!
- Government investment, and secure for the NAS
- Covid-19 and countries is opening
SNI entrySNI made a great breakout after its retrace to the 0.5fib and the 200MA (black line).
We just got rejected at overhead resistance and I’m waiting for a retest of previous support around NOK 123-125,- AND the 50MA (blue line) before looking at an entry around the area I’ve marked with a green circle.
GOGL possible reversal signalBe aware as GOGL uptrend might be coming to an end.
Keeping an eye on the possible formation of a head and shoulders here.
The area of resistance is around NOK 96,-.
Of course, still many options in play, but if we retest this area and get rejected the likelihood increases.