NST Outlook 23/07/2016.

The confirmed weekly Bearish Pivot Point short term reversal may suggest a downward pressure ( pullback/correction) with NST, over the next 5- 10 weeks.

Most notable first line of support is the zone of $4.00 ( highlighted in Yellow) looking at this weekly chart below. Prior to that zone of $4.50 may be seen as a minor support. I would keep an eye on these levels as potential zones where the current pullback/corrective period may stop.

In terms of it’s major trend, it is UP and VERY STRONG as of this writing.

NST weekly Chart below.



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