Posted On: 11/20/2013 12:43:59 AM
Post# of 2561
NXCP Daily Chart ~ A Break to New Highs Upon Us?
As most of you know, a few friends and I have been accumulating NXCP for months while waiting for the uranium acquisition to close. The MA200 has offered support for the last couple of weeks, and the break above the multi month declining tops line is holding. The stock ran into the MA50 two days ago. My guess is it will offer no resistance tomorrow. A day of rest by those that have been accumulating with no volume today. One could also look at it that after a move of almost 50%, it also shows that the sellers are gone. Those that dumped their shares to as low as .0135 should be thanked by us who gladly took them into strong hands. With the size of the rumored acquisition/merge, NXCP could easily trade to .10+ over the next 4-6 weeks. Time for the news!
As most of you know, a few friends and I have been accumulating NXCP for months while waiting for the uranium acquisition to close. The MA200 has offered support for the last couple of weeks, and the break above the multi month declining tops line is holding. The stock ran into the MA50 two days ago. My guess is it will offer no resistance tomorrow. A day of rest by those that have been accumulating with no volume today. One could also look at it that after a move of almost 50%, it also shows that the sellers are gone. Those that dumped their shares to as low as .0135 should be thanked by us who gladly took them into strong hands. With the size of the rumored acquisition/merge, NXCP could easily trade to .10+ over the next 4-6 weeks. Time for the news!
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