Post by
Indicator on Jan 21, 2022 1:43pm
Nice bounce off $7.50 today
If Oil holds up and the bull case remains intact, $7.50 should conform with approximate RSI/50 soon enough for a bullish reversal at mid RSI.
My guess is a $7.50 confirmation flush is waiting for shorts to deliver and provide a nice floor for next run.
Comment by
Sugaree on Jan 21, 2022 4:29pm
Sounds good to me. Not the full bounce I had hoped for today for NVA, but where we ended up is to be expected considering the overall market bloodbath. No worries here.