NMR has been the king of all laggards this cycle. If you look at the volume distribution, there has been massive accumulation and price suppression since late November. The price is finally gasping for air as it broke and restested downtrend resistance. There are tons of resistance zones between here and ATH. I believe in this project and think eventually these resistance zones will break and allow room for NMR to grow at least to $100, possibly wicking as high as $110 in the next 6 months. Could be sooner, but I'm never great with timing. As always, let's see what happens!
Trade active:
Once this resistance here at $55 breaks, it's going to fly. Keep an eye on it.
Trade active:
Data is more clear now. Looks like $100s by May. Possibly $200s by July if market conditions remain favorable.
