$NMR
Massive vertical expansion after prolonged base consolidation around the 9.50–10.00 region. Momentum is aggressively bullish with price trading well extended above key moving averages (MA7 at 11.73, MA25 at 10.31).
Immediate overhead resistance sits at the recent wick high of 15.50. Chasing green candles into direct resistance carries high breakout-rejection risk. The high-probability play is waiting for consolidation or a pullback toward local support to establish positioning before the next leg up.
Key Levels:
• Entry Zone: 13.00 - 13.80
• TP1: 15.50
• TP2: 17.20
• TP3: 19.50
• Stop-Loss: 11.90
Manage your risk and protect capital on extensions.
#NMR #WriteToEarnUpgrade
Massive vertical expansion after prolonged base consolidation around the 9.50–10.00 region. Momentum is aggressively bullish with price trading well extended above key moving averages (MA7 at 11.73, MA25 at 10.31).
Immediate overhead resistance sits at the recent wick high of 15.50. Chasing green candles into direct resistance carries high breakout-rejection risk. The high-probability play is waiting for consolidation or a pullback toward local support to establish positioning before the next leg up.
Key Levels:
• Entry Zone: 13.00 - 13.80
• TP1: 15.50
• TP2: 17.20
• TP3: 19.50
• Stop-Loss: 11.90
Manage your risk and protect capital on extensions.
#NMR #WriteToEarnUpgrade
