NEW HOPE CORPORATION LIMITED
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NHC - Expecting a Pullback

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NHC moved higher as expected (link of our previous Trade Plan Idea attached) and now it has found resistance currently and is expected to pull back lower. This pullback is expected to reach the Bullish Trendline Support Zone of $1.260 and bounce higher. This could be a zone where we expect NHC to find buyers and take price higher.

We will be monitoring the Price Action closely once it finds support and will update accordingly.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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