Hi...This is my first time posting and I'm a newbie here. I did
picked up some Nor and just wanted to add a Point and Figure
buy signal would be a touch of 5. It's been on a negative trend
since 2012. A touch of 5.50 would put it to a positive trend
change . This is strictly according to Point and Figure which I
subscribe to Tom Dorsey's rules fwiw. Imo 5.50 would be significant
if it touches that. This target would change if it touched
3.75 which is a reversal. Gotta a ways to go of course. Good
luck.
nor
NOR - potential price target ??
Posted by tradermama on 14th of Aug 2014 at 11:18 am
Hi...This is my first time posting and I'm a newbie here. I did picked up some Nor and just wanted to add a Point and Figure buy signal would be a touch of 5. It's been on a negative trend since 2012. A touch of 5.50 would put it to a positive trend change . This is strictly according to Point and Figure which I subscribe to Tom Dorsey's rules fwiw. Imo 5.50 would be significant if it touches that. This target would change if it touched 3.75 which is a reversal. Gotta a ways to go of course. Good luck.
thanks tradermama for your reply....
Posted by sptrader on 14th of Aug 2014 at 11:23 am
thanks tradermama for your reply.... I appreciate it !