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NAK

NAK Long-Term BULLISHThis is on the monthly chart and very reliable . NAK is nearing a total breakout of a descending trendline in place since 2012. In confluence with this, NAK has been staying around it's floor price for months now. It looks ready to launch from this base. TP #1 = 1.15 (should be easy to reach) TP #2 = 2.50 (likely to be reached longer term) SL = 0.19 Current price at time of this post is 0.313 Risk is only $0.123 per share, while reward for TP#1 is $0.837 per share, but the potential for TP #2 is high and this would be a reward of $2.187 per share!
AMEX:NAKLong
by EACoders
14
NAK by RequestI made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move. Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well. Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move. If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share. Thank you, iCantw84it 06.08.2021
AMEX:NAK
by iCantw84it
2
NAK 30m chart - Im still hanging on to my beloved NAKSo it broke my heart, not once, but many times. I remember first finding out about NAK and being so optimistic about it! But now it is being algo'd and running the same pattern almost daily. PM hours it spikes, then at 9am it gets pushed down, at 930am it gets pushed down more, then until 4pm it trades in a channel. It has a strong bottom support. It has a huge gap up potential. It has national attention. I am still hopeful (probably because I still own calls) that this will run. Not expecting anything crazy, but should have no problem at least filling the gap and getting back to the 1.50s.
AMEX:NAKLong
by BradWeber82