Very tough making an SP prediction now, considering NMT is trading in uncharted territory. Pullbacks help reset all the technical indicators & NMT is looking overbought in multiple time frames.
If we keep falling, FIB retracement points towards an SP of $1.45, $1.36 & $1.27. If all that fails,
support should form around $1.10 to $1.20. This is our old resistance zone.
Seems to have
found support around the $1.45 for the moment, which is good.
$1.73 is now our new resistance zone to make new highs.
Keep an eye on volume, not the SP.
