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Analysis: #NASDAQ $NKTR

Case 162 #Nektar Therapeutics

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#NKTR 1/3
Chart 1
Weekly Chart: Struggling to make any upside progress with firm #resistance at 30.62 and 34.34 (#SMA 200). The immediate trend is neutral with buying interest seen 16.55-15.75.

NKTR 2/3
Chart 2
Daily Chart : Price is currently trapped between 24.33 (SMA 200) and 21.85 (SMA 20) with little direction.

The #Strategy is printed on the image.

$NKTR 3/3
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