NNDMOn 16th April, the price action was bullish with a spike in the traded volume. Now I can't say for sure, but if it breaks the resistance shown with the black line at points A or C, the bullish reversal may be on the way real soon. But if it breaks the support at $6.68 at point B and $6.27 (orange dashed line), the next support will be at $5.35. So I guess we just have to wait and see how it will all play out.
This is not in any way financial advice.
*The solid blue lines are Fib retracement lines
**The dashed orange lines are Volume profile
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