Technical analysis by barackotech about Symbol NEXO: Buy recommendation (1/29/2025)
https://sahmeto.com/message/3208638
barackotech
Rank: 30531
Analytical Power:
0.8
NEXO looks very good to breakout of the Cup and Handle pattern which is very visible on the 1week and 1month TF. Price is above the 20 MA on the Weekly TF.It has been trending for awhile now but it's yet to make a big move. Cup and Handle breakout is always big.
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Signal Type: Buy
Time Frame:
1 weekFirst Support:
$1.42First Resistance:
$1.53Price at Publish Time:
$1.41