NST 0.81% $17.51 northern star resources ltd

The price range I'm referring to is from the top at 6.97 on the...

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    The price range I'm referring to is from the top at 6.97 on the 26 march to the bottom at 6.15 on the 4 April.
    If you then take that price range of 82 cents and then subtract it from the next high which was 6.88 on 11 May then you have a target price of 6.06.
    Now the resistance of the range is 50% either way so as NST hasn't as yet made target then the level on the upside which becomes resistance is 6.88-.41cents which is $6.47 so this is the level to look for on the upside and the target on the downside remains the same.
    The fact that it didn't make target is bullish in the very short run for a bounce but this thing needs to get back above resistance asap to neutralize the down trend.
    I'm long on leverage on this thing and am watching it very closely.
 
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