$NIL is up 11.7 percent today and I am passing on it
Volume is only 0.8x the 7 day average so this move lacks real backing
I need to see an hourly close and hold above $0.08241 before touching it
Or a pullback that holds $0.06360 and shows a proper bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $NIL here or waiting for $0.06360
#NIL #RiskManagement
Volume is only 0.8x the 7 day average so this move lacks real backing
I need to see an hourly close and hold above $0.08241 before touching it
Or a pullback that holds $0.06360 and shows a proper bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $NIL here or waiting for $0.06360
#NIL #RiskManagement