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Master_of_Fine_Charts

NMTR Reversal

Long
Master_of_Fine_Charts  
NASDAQ:NMTR   None
Trend Analysis Technical Indicators
1
0
trendanalysis indicator
The RSI is very oversold at 37 and the price is approaching the weekly trend line which acted as support 4 times in the past. Also the price is bellow the POC line (YTD).

I think this is a high probability reversal setup.

First target $1.61
Second Target $1.88
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