$NMR — Range Breakout → Expansion → Continuation Watch NMR is trading at $9.97 (+7.44%), after a strong breakout from the $8.90–$9.20 accumulation range and is now holding firm above prior resistance. The impulsive push into $10.08 highs signals fresh momentum entering the market.
This move reflects a classic range → breakout → expansion structure. Sellers were active inside the range, but once price reclaimed $9.40+, selling pressure vanished and buyers took control decisively.
What the chart tells us:
• Clean range breakout → trend shift confirmed
• Strong bullish impulse → momentum expansion
• Price holding above $9.60–$9.70 support zone
• Acceptance near highs → continuation potential
As long as NMR holds above $9.60, the structure remains bullish, with scope for a follow-through move toward higher levels on sustained volume.
This is how real breakouts behave — fast, clean, and decisive 🔍⚡
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#NMR here
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