Nickel : Technical View : 15.11.2019
* On the daily chart, the price drifted 1.52% in the last session.
* Moreover, the price has shifted below the Parabolic Sar, which adds pressure in the
counter.
* Additionally, it has shifted below the 21*50 days SMA’s, which signifies bearish strength for
short term.
* Momentum indicators RSI(14) has shown negative crossover, which indicates bearishness.
* With these technical analysis; we expect moderate bearish move in the counter.
* Moreover, the price has shifted below the Parabolic Sar, which adds pressure in the
counter.
* Additionally, it has shifted below the 21*50 days SMA’s, which signifies bearish strength for
short term.
* Momentum indicators RSI(14) has shown negative crossover, which indicates bearishness.
* With these technical analysis; we expect moderate bearish move in the counter.