(NVMG) Yeah, I read that.. I'm unsure what to expect as NVMG completely defied my expectations on its first run up. I want to say that it could retrace to .01 throughout Mon-Tue because the hourly is overbought. The nice thing about that is that the daily says it's only just beginning -- So, the pull-back, if any, should be brief, I think. Also, the last run up experienced near-solid white candles followed by either brief horizontal consolidation or a continued ascent. All that said, I'm pretty confident it doesn't go below the 5ma at .01 tomorrow and, if it doesn't break it tomorrow, will retest .013 before the end of the week.
What ya think?
Daily:
Hourly:
What ya think?
Daily:
Hourly:
* I'm always learning about these lines, indicators, fibbies, hammers, and tops. So, if you know something I don't, by all means correct me when I'm wrong. Thanks.
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