NVX.ASX_Down Trendline Break_Long

ENTRY: 3.04
SL: 2.45
TP1: 3.60
TP2: 4.23

- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Accumulation signs on 13 Jul, 2 Aug and 6 Aug 2021.
- Broke down trendline on 2 Aug 2021, and retested it with rebound on volume today.

Komen:

- Target TP2 now as price action is good from the news
- Shift SL: 333

Komen:

- Take 60% partial at 4.23 and ride with the trend
- Shift SL: 353

Komen:

- Shift SL: 355

Komen:

-Shift SL: 4.29

Komen:

- Closed position at 5.54
- Shooting star bar at closing today