Technical analysis suggests over time a continued move up and up-to-date analyst coverage shows the mean average share value as low as 1.75 to 2.50
Enter NMX as the symbol for a quick shot of the trend in play.
While the mean average is based on related news if the news should get better then the mean average should rise to higher levels JMOP Found here
Notice the upswing in the two paired MACDs and how the 50 day average is in position to reverse coinciding with the 20 day upside crossover. Very early in the recovering dip/selloff which leads only 2 conclusions....
1) the trend is in position to continue with the associated backfills etc.
2) the trend has peaked and will encounter resistance for a pullback to the 50 day average at which point it will be a great chance to load up.
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