NPI (northland power) longHey guys!
This setup looks too good to be true. I just bought some spot shares because this weekly bullish divergence is huge and when it does play out, this 7% dividend stock will rally and be a great hold for long term investors.
This RSI divergence shows momentum trying to change, long term holders buying from short sellers and panic sellers. Also we can clearly see 5 waves down from the top, totaling a 69%ish drop from ATH. In my opinion, there is a high likelihood that 16.16$ CAD is the bottom for this stock.