TICKER CODE: NMTR
Company Name: 9 Meters Biopharma, Inc.
Industry: Healthcare | Biotechnology | USA
Position Proposed: BUY
Technical Analysis
1. Large Inverted Head & Shoulders (Forming)
2. Fibonacci Retracement at 0.786 ( Silver Zone)
3. Falling Wedge / Pennant (Forming)
4. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: NOW READY (0.80-1.30)
1st Partial Take Profit: 2.65 (August-November 2021)
2nd Take Profit: 3.85 (Mid 2022)