What technical chart patterns or support/resistance levels could be tested following the release of these earnings? | NXR (Aug 11, 2025) | Candlesense

What technical chart patterns or support/resistance levels could be tested following the release of these earnings?

Technical outlook for NXR after the Q2‑2025 earnings beat

The upbeat results have already lifted NXR toward the $12.00 – $12.30 range, where the stock found a triangular consolidation over the past two weeks. The breakout from this triangle is the first technical testable level. If the rally holds, the next resistance sits at the $12.80‑$13.00 “psychological” round‑number barrier, which also coincides with the 20‑day SMA and the prior swing high from early May. A breach above $13.00 would likely trigger a ascending channel that has been forming since the Q1 earnings, with the channel’s upper trend‑line anchored at $13.50 and the lower trend‑line at $11.70.

On the downside, the most immediate support is the $11.40 level – the low of the March‑April pull‑back and the 50‑day EMA. A move below $11.40 would test the next support at $10.80, the recent trough that also aligns with the 200‑day SMA. The price action is currently displaying a bullish flag on the 4‑hour chart, suggesting a short‑term continuation if the $12.80 resistance holds.

Trading implication: With earnings momentum still fresh, a long position can be added on a retest of $11.40 support with a stop just below $10.80, targeting the $12.80‑$13.00 resistance. Conversely, a short on a break below $11.40 (or a failure to hold $12.80) could capture a move toward $10.80. Monitoring the triangle breakout and the $12.80 psychological wall will be key to confirming which pattern – a continuation of the ascending channel or a reversal into a lower‑channel – is taking shape.