NNE is going up again to test new resistant?
NNE is moving up to test resistance at 36.8.
NNE bounced off the EMA25 (white line) with a promising volume profile.
You can see the Point of Control (POC)—yellow label—rising with a positive delta (154.55K). Additionally, all spreads at the upper wick show positive data, indicating that sellers could not overpower buyers.
If Monday's opening price is higher than 35 and/or the closing price exceeds 36.8, this stock is likely to rise further to test a higher resistance level.
IMO technically, it's 70% chance to going up again.
NNE bounced off the EMA25 (white line) with a promising volume profile.
You can see the Point of Control (POC)—yellow label—rising with a positive delta (154.55K). Additionally, all spreads at the upper wick show positive data, indicating that sellers could not overpower buyers.
If Monday's opening price is higher than 35 and/or the closing price exceeds 36.8, this stock is likely to rise further to test a higher resistance level.
IMO technically, it's 70% chance to going up again.
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