NLR's momentum remains strong with a 4.37% gain over the past week, but I'm trimming my position to preserve flexibility. The stock has shown resilience, but the 1-month and 3-month returns at -10.86% and -22.70% respectively indicate some volatility. I'm not arguing with the tape, just managing risk. The trend is still intact, but I want to stay nimble for any potential shifts. Always remember, never bet the farm on a single trend.

NLR's recent price action and volume increase align with my investment thesis of following verified trends and cutting quickly when the trend breaks. The stock's 1-week return of -3.61% and 1-month return of -19.18% suggest a strong downtrend. However, I'll be monitoring NLR closely for any signs of trend reversal, especially with the upcoming economic release expected to have a significant impact on the market. As always, I'll be relying on the tape to guide my decisions, rather than arguing with it. Stay tuned for further updates.