chart , page-3

Agree patience is definitely the key here - Just look away.

Simply going through the motions here and is setting up for the next rally which in my opinion will be stronger then the recent rally.

Massive volume and a strong increase on the back of a game changing resource upgrade. NMR now trades on an ev/t of 0.003 which is over 5 times lower then UNV its closest peer!

I reckon the next rally could take this up to challenge its 52 week highs at the 10 cent area.
Check out the similarities on the chart below to the previous run which took NMR to 10 cents.
The stock rallied hard and then pulled back and consolidated. This was followed by a golden cross of the 41 and 195 emas which lead to the strong rally to 10 cents.

The way the stock is trading i see the potential for the exact same thing to happen again. NMR has pulled back on declining volume and is supporting right on the 61.8% fib level and the 41 ema. In doing so it has alleviated overbought readings on the momentum indicators and i reckon is setting up for a golden cross.

the 3.7 cent level has held for 7 trading days now and the volume has dropped right off suggesting that a low may be close and the next rally could be around the corner.
Price action has now created a nice bull flag with a possible short term target of 7.5 cents on the break up.
Bollingers have also widened up nicely allowing plenty of breathing space for a solid rally.

This looks pretty much text book to me and i for one will be very surprised if a rally doesnt kick in to gear very soon.

Keep watch!