NMR is holding at ema41 (60 mins chart), not bad, MACD a bit weak, if it consolidates with low volume, that should be fine. I still think the bullish part has not been completed.
But the #15957611 amount of buyers at 0.053 is really discouraging, a bullish stock doesn't need this sort of promotion strategy, it needs lots of buyers and sellers, rather than put a big number sitting there and comfort ppl not selling. I am not sure if the price is sustainable if it breaks 6c.
I find it tricky.
I don't know, we probably we get a long long shadow candle one day. Set your target sell before hand,otherwise you may miss it.
just watch it for a few days.
Please welcome to share your thoughts.
NMR Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held
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