NEP : Swing trade target at 0.70

With a major turing point at last week’s high of 0.51, NEP seems to have a market maker back on the job after a long period of silence, and should be able to breakout and rally to or very close by 0.70 in the near term.

Consider entry on a brief dip to 0.43 or so, or wait for the breakout, and if flows are strong, consider a follow buy trade then.

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