Posted On: 06/24/2014 6:13:06 AM
Post# of 2561
$NXCP Daily Chart ~
I was asked for a chart on NXCP. As I mentioned previously, NXCP isn't really a chart play, but one should still be referenced when looking for entries or exits. A support line was at .02. Three weeks ago, the FullSto and MACDs also began to level out in oversold territory and began to crossover. Since then, NXCP has moved up 60% from that support line and almost 200% from an intraday low. .0385 and .049 would be the next price targets. My opinion is that should management execute another acquisition or two, NXCP would surpass those two points. GLTA
I was asked for a chart on NXCP. As I mentioned previously, NXCP isn't really a chart play, but one should still be referenced when looking for entries or exits. A support line was at .02. Three weeks ago, the FullSto and MACDs also began to level out in oversold territory and began to crossover. Since then, NXCP has moved up 60% from that support line and almost 200% from an intraday low. .0385 and .049 would be the next price targets. My opinion is that should management execute another acquisition or two, NXCP would surpass those two points. GLTA
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