NXCP Daily Chart ~ A Decisive Break Above the Mult
Post# of 2559
Posted On: 03/31/2014 1:33:53 AM
NXCP Daily Chart ~ A Decisive Break Above the Multi Month Upper Channel Line
Friday's move of 30% was a welcome gain after Wednesday's gain of 48.39%. Thursday saw a zero volume day which was probably due to a couple of longs waiting to see if any short term flippers were going to sell after Wed nice gain. For those that are invested or following along with NXCP, you'll remember I mentioned many times to continue accumulating near the lower portion of the channel, although I've been adding all over the board from sub .01s into the .03s. As was the case with other multi month, channeling stocks, it was just a matter of time before NXCP was going to break above the resistance lines. I have to mention the stock being outside the upper bollie. Normally, in a liquid stock, I'd be taking a few off the table. But just like a few friends of mine holding millions of shares here, how does one sell anything of size and re-enter? It's simply not going to happen with a stock that sometimes doesn't even trade a share. If any piss ants decide to sell, our buys will be ready to absorb them. Those of you who would like to open up any conversations with John Conway, the CEO of NXCP, allow me to direct you to the NXCP board where John uses the alias JC806. I'm telling you, my friends, NXCP is going to be a huge winner for those with patience. I'm hoping, as I've mentioned before, to see .10 into mid/end April and as much as .50 within twelve months. So accumulating from as low as .006 to as high as .049 so far makes complete sense to me. I'll be adding more every week as funds allow. GLTA
Friday's move of 30% was a welcome gain after Wednesday's gain of 48.39%. Thursday saw a zero volume day which was probably due to a couple of longs waiting to see if any short term flippers were going to sell after Wed nice gain. For those that are invested or following along with NXCP, you'll remember I mentioned many times to continue accumulating near the lower portion of the channel, although I've been adding all over the board from sub .01s into the .03s. As was the case with other multi month, channeling stocks, it was just a matter of time before NXCP was going to break above the resistance lines. I have to mention the stock being outside the upper bollie. Normally, in a liquid stock, I'd be taking a few off the table. But just like a few friends of mine holding millions of shares here, how does one sell anything of size and re-enter? It's simply not going to happen with a stock that sometimes doesn't even trade a share. If any piss ants decide to sell, our buys will be ready to absorb them. Those of you who would like to open up any conversations with John Conway, the CEO of NXCP, allow me to direct you to the NXCP board where John uses the alias JC806. I'm telling you, my friends, NXCP is going to be a huge winner for those with patience. I'm hoping, as I've mentioned before, to see .10 into mid/end April and as much as .50 within twelve months. So accumulating from as low as .006 to as high as .049 so far makes complete sense to me. I'll be adding more every week as funds allow. GLTA
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