NGLFINE: Signs of reversal.

NGLFINE appears to have bottomed out, now showing strong signs of a potential reversal:

1. RSI is strengthening.
2. Positive divergence is visible in RSI.
3. The stock is now trading above the 20EMA band.

A minor pullback to retest the 20EMA band is possible before the stock resumes its journey toward its all-time high.

As a Stoploss. either you can use 20EMA band or previous swing low, marked in the chart.

Disclaimer: This analysis is based on personal observations and is for educational purposes only. Please conduct your own research or consult a financial advisor before making any investment decisions.

@@ Always adhere to your risk-reward ratio before entering any trade.
@@ Maintain discipline in all trading activities.
@@ Ensure strict compliance with the marked stop loss.