NUT Breaking High RSI70+

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NUT Breaking High RSI70+

NUT has recently shown extreme volatility with wide candlestick ranges, pushing the stock price above 6.30 THB. This strong move suggests heightened speculative activity and momentum-driven buying.

Key observations:

Momentum Breakout: Price has surged significantly from lower levels, breaking through key resistance zones.

RSI (14): The RSI is approaching overbought territory (70+). This indicates strong buying pressure, but also signals the risk of short-term exhaustion.

Volume Spike: Trading volume is very high compared to historical averages, showing strong market participation in the breakout.

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