Is this a breakout from the pennant Northern Bear has formed?Is this a breakout from the pennant
Northern Bear has formed?
Wait and see.
NTBR trade ideas
Northern Bear is bullishA very strong candle on the weekly chart after Northern Bear broke out from its 59p resistance, which held for 3 years.
Northern Bear breakout after 3 years of rangingNIBT has been ranging since June 2014, and today it has broken out from the 60p resistance, which was tested 4 times during that period. So a very bullish day today and prospects for more gains are high.
