NESN - RC - SAFE HAVEN -
Added 2024-12-11 13:58:59 +0000 UTCThis is a requested chart but has flown under our radar and a lot of peoples because it is based in Switzerland
But that being said, there is a lot to be bullish about here over the next 2 years.
Price has moved up very well in 5 waves since the Dot.com Crash and has now moved down in 3 long waves since it's top in 2021
And moving in between the 0.5 - 0.618 Fib levels now.
So a hold between 76 - 84 would be of interest and then we wait for strength and a reversal.
Nestle is a company that will likely do very well in a correction and has a dividend of 4% too.
Not too be ignored.
Comments
Good find
Paul
2024-12-14 18:35:35 +0000 UTCThanks Daniel
Gareth Neary
2024-12-11 16:32:12 +0000 UTCHey Cap. I'm very happy that you happened to bring this chart. I've been investing in Nestle for over a year now and it's only going down. I was almost at a point where I would have sold the stock at a loss. However, I decided to improve my entry with cheaper follow-up purchases. With your message, I now have one more reason to hold on and wait. Thanks
Sercan Altuntas
2024-12-11 14:44:42 +0000 UTCNSRGY for the U.S. stock ticker fyi
Daniel
2024-12-11 14:11:24 +0000 UTC
