Stock: NIKL
Company: Nickel Asia Corp.
Support: 5.40
Resistance: 6.00
- Trading in a sustainable uptrend channel, forming a massive rounding bottom pattern.
- Set to retest its psychological resistance level at PHP 6.00.
- Able to build a solid base support level at 5.40 with intraday selloff rejection.
- Parabolic momentum level and volatility.
Recommendation
Target Price: 6.60 / 7.00.
Stop loss level: Falls below 5.30 level.
