Bullish on newell brandsFor over 1 year NASDAQ:NWL is oscillating in a channel with about 6.5 support and 9 - 9.5 resistance. Each time it tries to break the resistance buy it bounces back to its support level.
This time it seems that NASDAQ:NWL breaks it resistance, keeps it in red market and closes at around 9.6 recently.
I think in near future it will hit 11 $ as first target, following a correction. in a long term it could reach 16 $ easily.
Good luck to everybody.