Cabana Capitals Blog Technical Analysis Will Nikkei 225 have enough momentum to break support?

Will Nikkei 225 have enough momentum to break support?

Will Nikkei 225 have enough momentum to break support? post thumbnail image

Nikkei 225 is heading towards the support line of a Flag. If this movement continues, the price of Nikkei 225 could test 37972.0000 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Target: 37972 Entry: 38360 Stop: 38990

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