Northern Star Resources Ltd (NST) and Eliott Wave (video) expectations

NST Elliott Wave Technalys

Elliott wave today analysis It provides an update on the Australian Stock Exchange (ASX) with a focus on North Star Resources Ltd (NST).

We define the bullish capabilities in ASX: NST, although we expect withdrawal with (II)-the marine wave first. An additional time may be needed before the wave ((III))-higher marine movements. This analysis includes the main visual price points to help readers determine when the direction turns or when the structure is nullified.

Asx: NST ELLIOTT WAVE Technical Analysis- Summer for one day (Semilog scale)

job: The main trend (medium degree, orange).
situation: Motivation.
building: batch.
position: Wave ((2))-naval.

details:

Wave ((i))-It seems that the navy has recently completed a five-wave formation.
The wave ((2))-The navy may now develop down, target the support level of 16.86.
Once finished, the wave (III) is expected to resume-the resumption of the naval in an upward direction.
Abolition Point: 15.06

Asx: NST ELLIOTT WAVE Technical Analysis- The Prague for Four hours

job: The main trend (micro -marine).
situation: Motivation.
building: batch.
position: The wave (a)-orange of the wave ((II))-the marine.

details:

The wave ((2))-The navy has not yet reached its target of 16.83, indicating more negative movement.
The structure may continue to decrease the ABC formation before reflection.
The strategic entry point may be upon completion of the wave (B)-orange, providing an opportunity for long-quality trade.
Ability Point: 15.06.
The main point: the end of the wave (B)-Orange.

conclusion

This analysis for ASX: Northern Star Resources Ltd (NST) provides an insight into market trends and current strategies to benefit from them. By identifying the main price levels that confirm or nullify our wave, we enhance the accuracy of our expectations. Our approach provides an objective and professional view, enabling traders to make informed decisions.