NMR is making news today of a $2 billion loss and trading halted down 15%. One never knows if this is going to be another Lehman moment. Not for us to guess if it is. Here is what the technical chart looks like. It had a recent breakout out of a long-term bearish fade away. This is going to be a shoot first ask questions later type of move. At least that's what I would do. (Shoot = sell)
Note
This is why we shoot forst and ask questions later! Great call!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.