Discover and read the best of Twitter Threads about #nordstrom

Most recents (1)

Analysis: #NYSE

Case 430 #Nordstrom Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#JWN 1/4 Image
Chart 1
Monthly Chart: Long term #bullish control was lost in Apr. 2019 with the close below the #SMA 200, then in Q1 of 2020 saw price crash lower finding #support at the Fib. 0.886 at 13.30. Block buy orders positioned at 12.47-10.27 and 7.73-6.56 with 1990 .....

JWN 2/4
..... #trendline support at 8.26 and Nov. 1990 #pivot at 4.50. To the upside, strong selling pressure can be seen throughout, beginning at #Fib. 0.786 and synthetic at 21.18/61 then block sales at 25.97-29.34 and above 2018 trendline #resistance at 31.26.

JWN 3/4 Image
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!