Jun. 17 at 7:27 PM
$NEXR 👀
still low-vol here, but today 1st day with some size coming in on bid.
other than any gap↑ ... for this to put in a reversal, the regular session closing pps must begin & work back to clear above those prev HOD prices vs lower highs. one at a time rising right to left, or all at once on a big move but ultimately need to work past .89 so you're back inside pps range of that big candle again.
also watch for increasing volume and any +size returning on BID side L2 with a thinner ask, vs recent bid-less takedown/bleed action.
HOD for candles following the big↓ 06/08
$2.05 > .80c
06/08 2.05
06/09 .8983
06/10 .84
06/11 .842
06/12 .79
06/15 .75
06/16 .7338
today 06/17 so far HOD .75c