NM dailyThe NM long trade, which was first posted as a setup on Jan 23rd, has not only made a sustained breakout above the downtrend line (criteria for the long entry) but has also cleared a minor horizontal resistance level today and as such, this trade is still offering an objective entry around current levels.  The one thing missing from this breakout is a notable increase in volume. Therefore, due to the unimpressive volume post-breakout combined with the volatile price swings of this sub $5 stock, consider using smaller than usual position size on NM if you took (or take) the trade.  Also note that I have slightly adjusted the price targets since the previous chart as to better reflect the preferred exit points.  T1 is my preferred target at this time.  Suggest stop under 3.60 assuming an average entry price around 3.80.