RE: UK Stocks - Watchlist and Discussion
Hi,
a stock I am keeping a close eye on is NTBR (Northern Bear). It is in a good sector, Support Services. It is building up a nice saucer bottom on the weekly chart.
A couple of questions:
What stage is this chart in? Is it in a stage 2 continuation phase after breaking out of a stage 1 and into stage 2A during Sept 2013?
What is the likely stronger support (I guess this is an answer from experience). Is it the last swing high where I have drawn a horizontal line on, or will it be the 50 day MV?
Thanks in advance