NGMK NORNIKEL to go downwards until 80 per share

Hi traders,

Based on basic trend lines and support/resistance levels AND the bearish momentum I can build an assumption that:

NORNIKEL will continue to lose it until 80.00 per share where another support/resistance level.

Cheers,
Tony
Note
snapshot

A better overlook at the GMKN where 80 level is seen as a valid level.
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snapshot

It is at a local support now and out of a LR range.
Note
Still spiraling down. 100 is an area of support where retrace can be expected.

snapshot
Support and ResistanceTrend Lines

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