Another nice move on your NM! ;)
It is pretty hot right now on the daily, I would expect some consolidation around 6.55 area though. It needs to, at some point, touch its ema8 and maybe even its ema21 again on the daily. It may not do this for a while however, so the consolidation point may be higher. But you don't want to dip below 6.55 again, as that area represents old resistance from the monthly and weekly.
It just busted above ma50 on the monthly, and ma200 on the weekly, both good signs that these new levels may hold.
daily
monthly
It is pretty hot right now on the daily, I would expect some consolidation around 6.55 area though. It needs to, at some point, touch its ema8 and maybe even its ema21 again on the daily. It may not do this for a while however, so the consolidation point may be higher. But you don't want to dip below 6.55 again, as that area represents old resistance from the monthly and weekly.
It just busted above ma50 on the monthly, and ma200 on the weekly, both good signs that these new levels may hold.
daily
monthly
in my cats opinion
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