my ta thought on nmr

NMR is holding at ema41 (60 mins chart), not bad, MACD a bit weak, if it consolidates with low volume, that should be fine.
I still think the bullish part has not been completed.

But the #15957611 amount of buyers at 0.053 is really discouraging, a bullish stock doesn't need this sort of promotion strategy, it needs lots of buyers and sellers, rather than put a big number sitting there and comfort ppl not selling. I am not sure if the price is sustainable if it breaks 6c.

I find it tricky.


I don't know, we probably we get a long long shadow candle one day. Set your target sell before hand,otherwise you may miss it.

just watch it for a few days.

Please welcome to share your thoughts.