$NEL Hydrogen testing breakout from short term downtrend
NEL has become a trader favourite with recent volatility after Nikola was hit by short seller report.
Hourly 20 EMA breaking above 100 EMA, often seen as a promising momentum shift indicator.
NEL needs to break above support/resistance at about 18 and consolidate to regain a bullish sentiment in the short term.
Todays top 20 list show that the Clearstream crowd are still buying NEL stock like hot cakes, reducing fear that main investors would be dissuaded by recent price movements
Hourly 20 EMA breaking above 100 EMA, often seen as a promising momentum shift indicator.
NEL needs to break above support/resistance at about 18 and consolidate to regain a bullish sentiment in the short term.
Todays top 20 list show that the Clearstream crowd are still buying NEL stock like hot cakes, reducing fear that main investors would be dissuaded by recent price movements
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