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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » NEXM moves big .. Look at that volume.. PR is on the way.. (Page 2)

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Author Topic: NEXM moves big .. Look at that volume.. PR is on the way..
ChartWiz11
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quote:
Originally posted by ldiaz117:
Whats the story on this? Why do you see this gapping up even more tmw?

Bullish Technicals. Off course the reason for bullish technicals could be expected PR.
Again watch the opening, higher GAP is better closing. This stock will eventually reach August GAP price which is near 1.30 and could be in a week.

Here is the link for the chart (horizontal line is target)

Chart

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ChartWiz11
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0.22 after hours.

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ChartWiz11
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Bid 0.23 Ask 0.24 after hours

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ldiaz117
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In your opinion, is .23 still a decent entry point?
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ChartWiz11
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quote:
Originally posted by ldiaz117:
In your opinion, is .23 still a decent entry point?

There was 6 million volume today, 3 times the average. I think it's pretty decent.. you might be able buy at a lower price if anybody sells and we don't open at 0.35.. I don't usually approve pre or after market trades but there are some exceptions and NEXM was exceptional today and should be tomorrow.. Watch in the morning and if market is good and volume is in place then I would load more.

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ChartWiz11
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Looks like higher opening will be in place..First trade is 0.25..Perhaps at the opening could be near 0.30..

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ChartWiz11
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Ask is 0.35 and trading

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ChartWiz11
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Looks like NEXM stock is targeting above $1.00..

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ldiaz117
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Looks like your are right on point... where do you see this going today?
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ChartWiz11
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It's hard to tell right now.. I have to see opening and market conditions.. But most likely we should hit above 0.32 and we might see 0.40's as high of the day.. Volume will tell.. I'm hoping to see 0.30 before 10AM

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ChartWiz11
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Keep in mind 0.27 is breakout level.. and there is no resistance above that.. 200 day is nearest target which is 0.73. After that nearest resistance is at 1.15

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ldiaz117
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Yep...we breakthrough .27 and we are good to go
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ChartWiz11
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Selling at this price is really not a smart idea guys. There will be hungry buyers out there.. This stock will definetly be in the radars.

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ChartWiz11
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I think 0.27 is a great price for opening.

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ChartWiz11
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Opened 0.26.. Great opening with GAP. Market is also looking bullish today.

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wholesaledealer
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I sure am glad I took you advice on this on chartwiz. I have made a killing in the last couple of days. I'm holding to see where it goes.
Thnks Steve [Were Up] [Were Up]

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ldiaz117
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Back down to .22 now. We shall see what this day brings us.
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ChartWiz11
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Good job guys.. Good opening.. technically ideal low of the day.. Big volume.

To scenarios;
1-we could be flat today and open up 0.30's at the open tomorrow..
2-we could move up really sharp after 12PM towards mid 0.30-0.50 range and continue tomorrow. This is more likely due to high volume.

Either way I see near dollar price level.
so don't sell anything..accumulate.

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ldiaz117
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Down to 19 cents. I hope you are right b/c this is getting me nervous.
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ChartWiz11
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it will bounce back.. be patient.. big are buyers controlling the price. good price to accumulate for sure. 10 more minutes..

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ChartWiz11
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I think we're ready to move up.

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ChartWiz11
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anytime..guys.. anytime..

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ChartWiz11
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0.2250 is a breakout level.

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ChartWiz11
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now we're in

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ChartWiz11
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0.24
Expect 0.30

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ldiaz117
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News is out that they need more time. Feb 2nd
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ChartWiz11
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I don't see any news on wires..Nice panic..

Market Makers adjusting price to average closing of 0.22-0.24 range.

Guys don't panic.. accumulate..

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ldiaz117
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Here you go... http://biz.yahoo.com/e/090113/nexm8-k.html
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ChartWiz11
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That news doesn't mean much. It's actually good thing to have extra time isn't it.

Don't forget the 15 million accumulative volume today. That means some other news is on the line..Like some other licencing deal.

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ChartWiz11
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Guys be patient.. Don't let MM's sweep your shares..

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wholesaledealer
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I am still way up from where I got in. I have no plans on dumping because of a bad day. I still say good pick ChartWiz!!!
Steve

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ChartWiz11
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I think market will be great tomorrow.

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ChartWiz11
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Hope everybody made good profit.

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ldiaz117
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I am holding as well. I don't see this going up until a week before Feb 2nd. JMHO
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ChartWiz11
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Looks like it's going to be down day today with retail news out.
The stock may not go down below 0.15 which is support level. If it does I encourage you to take some profits and buy it at a lower price or just hold it until conditions get better.

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