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NG1! - testing the resistance
NG1!
, 240
Short
NG1!: NG1! - testing the resistance

NG1! has been consolidating in an upward channel since Jul-6. On Tuesday it broke resistance and made double-top from June's highs. Currently it's testing previous resistance - which is now a support. TTM squeeze seems overextended. Once the support is broken we can see significant correction - I belive to 7 or even 6. If not, the price will continue to 2008 high.

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