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$NES is down over 14% today, currently sitting at $0.2381.
The short term trend shows a clear downward channel, with the price recently tapping a low of $0.2308.
The Bull Case: If the $0.2300 floor holds, we could see a quick bounce back toward the $0.25 - $0.26 resistance zones.
The Bear Case: A break below $0.2300 might open the doors for a deeper correction.
Keep an eye on the volume (38.63M NES) as we approach these critical levels. Manage your risk carefully!#Get2SharesOfSKHynixAtZeroCost #MicronEarningsBeatExpectationsSharesRise