My thoughts exactly. After a big rise, stocks come and test support , plus there is a gap on most traders sights. Key is , don't fight the trend and the trend is up. I'm not a trader, but once in a while when i see high probability set ups along with fundamentals, I buy in. NMR is one of them for me. See martis previous charts where after spike volume rises, volume decreases , thats classic as the stock needs to consolidate. The overbought stochs need to be worked off as well. Lots of medium term positives , with ST term negatives at this point. I have my order lower down as well, plus a stop loss in place. good luck
NMR Price at posting:
5.3¢ Sentiment: ST Buy Disclosure: Held
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