I have a downward channel drawn in from 4/15 to present connecting several highs and lows to present. NBG has some work to do on the upside,,,lol.
If it can break through the top of the channel, currently at 3.74ish then it will break the downtrend. It has to close above that line however for validity.
But I agree, even in current downtrend, it has decent longterm possibilities,,,that's why I'm long and going to add soon.