Here I shown some nearest NBIX levels.
Yellow notes linking levels and bars which I chose to define lines.
After double bottom it has broken resistance level and went upward. But next level had been reached very quickly as for me. Two false breaks says about this too. Next bar close above this level but I guess that there is not enough power to go further.
So I expect that this will be next false break before it continue moving.
Yellow notes linking levels and bars which I chose to define lines.
After double bottom it has broken resistance level and went upward. But next level had been reached very quickly as for me. Two false breaks says about this too. Next bar close above this level but I guess that there is not enough power to go further.
So I expect that this will be next false break before it continue moving.