Originally posted by Shadow
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Nxxi
Originally posted by Peter HansenNXXI seems ready to blast off ......this could be a money maker?
Weekly shows either a symmetrical triangle (play the direction of the break), or if you only draw the lines with the closing prices, then a descending triangle (bearish). You'll note that the RSI is overbought, and therefore I think perhaps NXXI is going to pullback for a few days before moving higher.
PnF is bullish at $6.38 target.
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Bully
Originally posted by Peter HansenNB may buy NXXI this morning .......any thoughts on this one ?
I hope I didn't cost you money because I didn't give NXXI a great report the other day. Very bullish action yesterday on good strong volume. I'd say the aggressive entry is above $2.40, the more conservative entry is $2.60. target still $6.38.
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Nb No Problem
Originally posted by New-born babyHi, Pete,
I hope I didn't cost you money because I didn't give NXXI a great report the other day. Very bullish action yesterday on good strong volume. I'd say the aggressive entry is above $2.40, the more conservative entry is $2.60. target still $6.38.
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Pete TFSM
Originally posted by Peter HansenNew Born I love these charts .....these 2 look ready to run.....but I give the nod to TFSM!
Spike might say you should anticipate the right shoulder on a head and shoulders top on the daily.
The weekly is either a two year cup forming or else a double top. RSI is oversold, so we should be looking for a pullback, which is exactly what we are getting this week.
Entry: here with stops below current support.
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Mxo
Originally posted by Peter HansenNew Born I love these charts .....these 2 look ready to run.....but I give the nod to TFSM!
MXO has been basing for several weeks on lower volume--good sign--with a price target of $23.50. I like this one better of the two, and to buy here is near to support.
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Not sure what you are asking
Originally posted by DStecklerNB, if you're targeting 7.5, why are you entering now?
I am not sure to which stock you are referring since you didn't leave me a symbol to reference. In case you are referring to TFSM, I am not entering here. Pete likes this one, and I am noting that it is a Twilight Zone stock--I don't buy them--but if he does enter, the entry here with a tight stop is required as I am expecting a pullback.
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