NLST most recent candle made a double bottom with the most recent low of $4.28 from 7/7. After testing $4.28 the candle managed to close above the .23 fibonacci level at $5.16
With an RSI under 38 and the current price well bellow the POC (6/1-present) I think we will see a reversal.
$4.28 is a critical level in my opinion. If it cannot hold I think NLST will test the 200MA.
Targeting a return to the prior highs in the 10s in the short to mid term.
you were so very correct at this time. Your latest update will be great (though had done two days before but in stocks, a day can make a difference in perception, sometime)
smithstone75
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Thanks for highlighting it. Next week or two very crucial - will be make or break (for short term)