$NIL is up 86.88% in 30 days and it's still sitting above yesterday's high, which is the part that matters.
That $0.09162 level got broken and is now acting as support. The 24h range ran from $0.08584 to $0.1098 and price came back to hold the middle. i'd rather see that than a straight line up.
the weak spot is volume. the last 5 days run at 0.55x the 20 before them, and the daily MACD histogram is still negative. the screener scores it 8 out of 14, not a 12. thinning volume on a big run is the case against me.
$NIL trades at $0.09668 right now. if it holds $0.09162, i think it goes back to the 10-day swing high at $0.1183. if it loses $0.09162, i'm wrong on this and there's nothing to defend, and anyone long from here hands back the 5.3% between spot and that line.
holding $0.09162 or losing it?
follow me for more calls like this.
That $0.09162 level got broken and is now acting as support. The 24h range ran from $0.08584 to $0.1098 and price came back to hold the middle. i'd rather see that than a straight line up.
the weak spot is volume. the last 5 days run at 0.55x the 20 before them, and the daily MACD histogram is still negative. the screener scores it 8 out of 14, not a 12. thinning volume on a big run is the case against me.
$NIL trades at $0.09668 right now. if it holds $0.09162, i think it goes back to the 10-day swing high at $0.1183. if it loses $0.09162, i'm wrong on this and there's nothing to defend, and anyone long from here hands back the 5.3% between spot and that line.
holding $0.09162 or losing it?
follow me for more calls like this.
