Namaste Dragon Pattern Confirmed!

11 de fev. de 2021

Namaste has a confirmed Dragon Pattern Breakout, plus backtest of the breakout. Three targets are posted on the chart at the Dragon hump, head and the 1.272 fib extension (as per dragon patterns). This stock has gotten beaten down over the years but has shown strong accumulation over the past 6 months and a confirmed bottom on a major historic ice line. Huge volume the past month further confirms break out and turnaround. Fundamentals have gotten extremely strong the past month with the recent announcement of planned entry into the US. This could be either a swing trade and/or a position trade.