ITM.Trading

NDSN strong horizontal and uptrending structure support @ $80

Panjang
NASDAQ:NDSN   Nordson Corporation
0
There is serious structure support here at the $80 mark with a validated upward trendline and also a validated horizontal support line (which was previous resistance). The MACD is also at the same level it was when it hit its last low on March 11. Furthermore there has been a surge in positive volume of roughly 2x the 20 day average. The price has fallen into its lower bollinger band and represents an opportunity to be long and potentially ride this emerging trend of higher highers and higher lows.
DYOR

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.