The 11-day moving average at $NMR 200 has failed to break through again, and we expect a strong downward momentum. I recommend increasing your position to short.
The 11-day moving average at $NMR 200 has attempted to break through 4 times but has failed each time. Multiple failed breakouts often indicate a strong downturn is almost inevitable; now is the time to go short.
Entry price: $9.1 First take profit: $7.5 Second take profit: $5.5 Final take profit: $1.5
The ascending channel and dead cat bounce of $NMR have completely failed, and the market has started to turn downwards. Short entry at 8 dollars, first target 6.5, second target 5.5, final target 2.5 dollars. Wishing everyone successful trading!
$NMR has weakened after breaking below the 200-day moving average, and it can't even hold the 120-day moving average, which is basically a big drop signal indicating a return to the 5-day moving average. Let's all short together 📉🔥