$NMR just got hit hard — down almost 19% and sitting near the day’s low at $13.79.
But this is the part I’m watching closely.
The chart has already flushed from $17.86 → $13.73, and price is now moving sideways around the lows instead of continuing to accelerate downward. That can be the first sign that sellers are getting exhausted.
If buyers manage to step in here, a recovery toward $15.3 → $16.2 → $17+ is possible. But I’d want to see actual buying pressure before calling a reversal.
Sometimes the biggest moves start when a chart looks completely dead. 👀
But this is the part I’m watching closely.
The chart has already flushed from $17.86 → $13.73, and price is now moving sideways around the lows instead of continuing to accelerate downward. That can be the first sign that sellers are getting exhausted.
If buyers manage to step in here, a recovery toward $15.3 → $16.2 → $17+ is possible. But I’d want to see actual buying pressure before calling a reversal.
Sometimes the biggest moves start when a chart looks completely dead. 👀