1/7/2023 0 Comments Ni stockIf 25.90 begins to break higher, the technical summary data tells us to buy NI just over 25.90, with an upside target of 27.03. Buy NI over 25.90, target 27.03, Stop Loss 25.83 Details.In this case, if resistance 25.80 is being tested, so a short signal would exist. 25.80 is the first level of resistance above 25.1, and by rule, any test of resistance is a short signal. We should have a stop loss in place at 25.87though. The technical summary data is suggesting a short of NI as it gets near 25.80 with a downside target of 24.53. Short NI under 25.80, target 24.53, stop loss 25.87 Details. In this case, support 24.53 would be being tested, so a buy signal would exist. 24.53 is the first level of support below 25.1, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 24.46 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy NI near 24.53 with an upside target of 25.80.
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