NXCP Daily Chart ~ A Strong Bounce off the MA200 T
Post# of 2559
Posted On: 11/05/2013 12:39:12 AM
NXCP Daily Chart ~ A Strong Bounce off the MA200 Today
As a seller(s) dumped today, a couple of us decided to gladly take those shares off his hands in the .0135 - .0155 range. As no other selling came in, the last hour saw NXCP find its way back up to close near .02. The FullSto and MACDs are beginning to crossover from very oversold levels to the positive. The declining tops line has kept the stock from moving higher, but a break thru appears to be close. Should that happen with news and volume, NXCP would probably take out the horizontal resistance at the top of its trading channel top which is at .04. The stock also saw its highest trading volume since early October. Rumors have news coming this week, filings, the CE being dropped, and uranium acquisition(s).
As a seller(s) dumped today, a couple of us decided to gladly take those shares off his hands in the .0135 - .0155 range. As no other selling came in, the last hour saw NXCP find its way back up to close near .02. The FullSto and MACDs are beginning to crossover from very oversold levels to the positive. The declining tops line has kept the stock from moving higher, but a break thru appears to be close. Should that happen with news and volume, NXCP would probably take out the horizontal resistance at the top of its trading channel top which is at .04. The stock also saw its highest trading volume since early October. Rumors have news coming this week, filings, the CE being dropped, and uranium acquisition(s).
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