NESTLE - SHORT TERM: STRONG, LONG TERM: STRONG, PREVAILING BIAS: NONE
Nestle has excellent short and long term charts but without volumes. So it has 2 ingredients i.e. Price and Time momentum but not volume momentum. But that may be because it is held for the long term and sees little trading activity. If you have it, hold it. It will be subject to large spikes(both up and down) should there be a large buy or sell order. Don't suggest as a trading stock
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