Hi friends, hope you are well, and welcome to the new update on NMR.
On a weekly time frame, for the past several weeks, NMR is trying to break the resistance of a down channel, and before reaching the resistance of this channel NMR started a big bullish reversal move from the potential reversal of a big bullish Crab pattern. Therefore, the chances of the breakout are high. For more details, you can also watch the video.
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