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NNE makes New 52 Week Closing High on September 20
On Friday, September 19th, NNE moved up 21.2% while volume was to 3.7× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Wide Range Bar, New 52 Week Closing High, Upper Bollinger Band Walk, Expansion Breakout, Parabolic Rise & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 40.88, 35.44 & 32.67, with resistance at 49.09, 51.86 & 57.3. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of NNE: B
There’s more where that came from. See all of today’s signals for NNE here.
Read full article here »