$NNE: Breaking Barriers, Riding Channels
Key Levels: Support from volume profile around $21.21, confirmed by blue channel trendlines. Major breakout point at $26.50, the handle of a clean Cup & Handle.
Targets: Technical breakout signals a run to $46.72 (76.39%), with interim resistance at $37.51.
Volume Spike: The breakout is supported by growing interest, with the price riding the channel's upper trendline.
Risk: Protect positions above $21.21; any pullbacks to test this level could set up fresh entries.
Will the bulls take it to the moon? 🌕
Targets: Technical breakout signals a run to $46.72 (76.39%), with interim resistance at $37.51.
Volume Spike: The breakout is supported by growing interest, with the price riding the channel's upper trendline.
Risk: Protect positions above $21.21; any pullbacks to test this level could set up fresh entries.
Will the bulls take it to the moon? 🌕
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