Nestle ready to correct???

٢٧ يناير ٢٠٢٣

With the markets being volatile, Nestle broke its support only to retest the zone. We may see a continuation of the downfall. What are your views????

٧ فبراير ٢٠٢٣

ملاحظة

2 Consecutive Dojis with long lower wicks! looks like buyers are coming in.

١٦ فبراير ٢٠٢٣

ملاحظة

As we said, the buyers were coming in. Now it is important to see if it goes back into the zone or if we see a retest and continuation.

٢١ فبراير ٢٠٢٣

ملاحظة

Interesting price action here. The market is in the retest and continuation mood. A close below those two Doji Lows i.e 18,758 may trigger a further down move.

٢ مارس ٢٠٢٣

ملاحظة

Okay, we have reached the support zone which was also our expected target. We will now have to see further price action to make up our mind

٤ يوليو ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

March 2: The target was reached as mentioned in the previous comment :)