@Lauban re your daily chart, what I see as just as important is...

@Lauban re your daily chart, what I see as just as important is the lower side of your channel that represents the demand line or support. Yours is showing roughly around 9c. When I pulled up my 4 hourly chart for NXR, there are some significant similarities, which in particular relate to the new level of support or demand which now looks like late 8's/9c. It is pretty self explanatory hopefully. Note the significant bounce off the 50% retracement (D) This is considered extremely bullish. It now also looks like that NXR has formed a new rising trend line with support late 8's-9c. It is hard to see why any retail holders would sell now, so unless there is another play to trigger stops and accumulate at bargain prices the share price should consolidate around these levels. There is also a lopsided cup and handle that has nearly formed between C and E. Chart looks quite Bullish and the squeeze is happening. A break to the upside would reset the trend line again as well, which should occur when the next announcement is released imo.

Cheers
GF