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Is NMR set to breakout? Bollinger Band Squeeze shows up after slipping 0.63%
On Thursday, August 20th, NMR moved down 0.63% while volume shrunk to 0.7× the usual levels. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 9.42, 9.38 & 9.32, with resistance at 9.52, 9.58 & 9.62.
Current SwingTradeBot Technical Rating of NMR: C
Today’s move could mean more—check all the signals for NMR on SwingTradeBot.
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