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Analysis: #NASDAQ $NOVN
Case 401 #Novan Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#NOVN 1/4
Case 401 #Novan Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#NOVN 1/4
Chart 1
Weekly Chart: The #SMA 50 at 1.2256 continues to underpin upside probes but price needs to first close above synthetic #resistance at 1.3524 then the Sept. 2017 trendline at 2.7845 for #bullishness. Price is currently .....
NOVN 2/4
Weekly Chart: The #SMA 50 at 1.2256 continues to underpin upside probes but price needs to first close above synthetic #resistance at 1.3524 then the Sept. 2017 trendline at 2.7845 for #bullishness. Price is currently .....
NOVN 2/4
..... targeting Dec. 2018 #pivot at 0.7000 below that SMA 20 at 0.4732, then Mar. 2020 #trendline at 0.4112. A loss of 0.3888 will be disastrous as it's the last level of #support.
NOVN 3/4
NOVN 3/4
