NATGATE, close gap?

There's a possibility that the price could simply close the gap and continue the downtrend if the selling pressure remains strong.

For any potential reversal to take shape, the 2.05 level must be broken convincingly. That key resistance level needs to be overcome for the trend to shift or for a stronger bullish momentum to begin.

Until then, we may see more consolidation or downward movement. It’s all about watching how the price reacts to these levels in the coming sessions. Patience and careful observation are crucial here.

Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.