Don't put up examples to back your view that has no basis on the NMR chart of today.
I know you must know better. Your two examples are off sustained up moves over weeks if not months. NMR's move is off one large candle with resistance at 0.059 the real body of that candle. (erich I realize the wick is at 0.061 so don't bother) I think very few of you understand what my original chart is saying or for that matter what short term trading is.
I don't care if this goes to 20 cents. I'm concerned about now. And I have provided 2 valid strategies according to the chart to capture both scenarios. What are the rest of you doing. Leonidas throwing insults, erich, trying to prove something. martis, I think all know your view. Perhaps they'd like a different one.
NMR Price at posting:
5.4¢ Sentiment: None Disclosure: Not Held
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