Technical analysis by Arabian-knights about Symbol NTRN: Buy recommendation (9/28/2024)

The price movement suggests a potential double bottom or a rounded bottom pattern, indicating a reversal from a downtrend to an uptrend.- Support Level: The price seems to be finding support around 0.40, which could act as a strong base for a bullish move.- Resistance Level: The recent high around 0.80 could serve as a target for bullish trades.- Entry Point: Consider entering a long position around the current price of 0.47.- Stop-Loss: Set a stop-loss just below the recent support level at around 0.38 to manage risk.- Target Price: A reasonable target could be around 0.80, providing a good risk-to-reward ratio.Summary- Buy: 0.47- Stop-Loss: 0.38- Target: 0.80