Jan. 20 at 8:11 PM
📌
$NRRSF : Weekly Chart Showing Trend Continuation
Norsemont Mining is trading within a confirmed weekly uptrend, with price having reclaimed key moving averages and now consolidating beneath overhead resistance.
🔍 Weekly structure:
🔹 Strong recovery off the long-term base near the
$0.60–
$0.70 zone
🔹 Higher-low structure established through 2026
🔹 Price holding above rising trend support
🔹 Consolidation forming after a steady advance, indicating digestion of gains
🎯 Key levels in focus:
📈 ~
$1.00 – psychological level
📈 ~
$1.20 – prior resistance zone
📈 ~
$1.42 – intermediate resistance
📈 ~
$1.63 – range extension level
📈 ~
$1.98–
$2.20 – major weekly resistance zone
As long as price holds its higher-low structure, NRRSF remains technically constructive, with recent news and upcoming catalysts potentially supporting a move back toward 2020 levels as resistance is tested.
Communicated Disclaimer: https://tinyurl.com/TherealshortsqueezyNRRSF…
Sector Peers:
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