NNE consistently reported good news since the beginning of the year, but price action has been middling at best since the broader risk off sentiment began earlier in the year with tarriff announcements. Speculative names like these were not the go to for playing a bounce and have lagged, but we've started to see related spec names, notably SMR peers 
OKLO and 
SMR get bid higher. NNE has recently reclaimed the IPO AVWAP and the September low AVWAP. The broader uptrend remains intact and I would back up the truck around $20... but i don't think we see that price and that a strong bounce towards the January 31 high AVWAP at 30 is imminent. We're bouncing hard at the 20 and 5 day SMA's today and if we can clear the resistance at 30, I think NNE keeps chugging towards old highs around $40 where I'd want to be out of most of the shares
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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.