NMX is coming down to support. Because of this, it now looks to be a good time to buy the stock.
If you look at the chart it is pretty clear that support is around 121-117, a level the stock has bounced off of many times before. After every bounce, as you can see, the stock has consistently moved back up to 135. Because this action has been so predictable, I would look for it to occur again.
Start to scale in right here around 121 and look to buy if it comes down.
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