Originally posted by Shadow
Hot Pick Of The Day
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Nxxi
This stock was once selling for $8.50 per share. Spike! If you were here you would say that 'one ought to use stops to avoid disaster like this one." It fell all the way to 25 cents before it started up again.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
Hi, Pete,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
NB I value your advice.....just bought small position in NXXI at 2.38........wish me luck! Thank You!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
TFSM: Twilight Zone stock . . . hear the music? Has already exceeded PnF price target.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
Peter,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
Dave,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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