Consider buying NRL above 265, setting a firm stop loss at 261. Aim for profit targets at 270 and 273. A breakout beyond 273 could pave the way for further gains at 279 and 287.
Technical Insight:
Momentum Boost: Weekly momentum is on the rise, showing signs of increased strength. NRL is making strides to break through a major resistance trend line and momentum shows that it may succeed.