$NMR reasons why you absolutely shouldn't go long:
1. Volume is at rock bottom in the market 2. Perfect ascending wedge pattern 3. A death cross has already appeared 4. Dropped below the lower Bollinger Band
Just casually listing these, there are 4 solid reasons.
I've already continued to stack my short position. :D
The $NMR 200 daily moving average breakout has failed, and a strong downturn is imminent. This is a great spot to short, and going heavy on the short position is also a viable strategy.