$NMR
– CONSOLIDATION BEFORE NEXT MOVE
$NMR bounced strongly from the $8.00 low, reaching a high of $8.50 before settling around $8.41. The chart shows consolidation after recovery, with buyers defending higher lows. A breakout above $8.50 could unlock more upside momentum, while support at $8.20 remains key to watch.
🔹 Trade Setup
Entry: $8.30 – $8.45
Targets (TP): $8.60 / $8.80
Stop Loss (SL): $8.00
Outlook: Momentum favors bulls if $8.20 support holds. A failure to reclaim $8.50 may result in short-term range trading between $8.20 and $8.50.