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$NES


NES is testing the upper bounds of its recent range, and the pressure is building. Up 5.38%, the asset is knocking on the door of $0.17, suggesting buyers are in control. However, entering right at the local high is a rookie move. I'm looking for a retest of the breakout zone around $0.165 to confirm support. If that level holds, the next leg could be aggressive.


EP

$0.1630 - $0.1680


TP

$0.1780

$0.1850

$0.1950


SL

$0.1580


Continuation above $0.170 would signal a clear breakout toward $0.185. A failure to hold $0.163 on the pullback would put the bears back in the driver's seat.

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