Current Trade

Saturday, March 8, 2014

NMX pops the 50 - Nove / 7 / 2014 update




This is very early in a chart and as such is what might be viewed as what hindsight looks like!

Try a Williams % R set to (edit) 140 for assessing trend.

 Dave GLTA

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NMX... Breakout

Put NMX into the breech and check out a move to the upside developing.....!

Notice the 1st..... MACD 12,26,9 pop was not confirmed by the 12,65,1... where this second breakout attempt looks to be much more promising....as the 12,65,1 suggests a much deeper participation of buyers than sellers at one of the most opportune market timings just after tax selling... not to mention some really good speculative fundamentals,

A point of interest is the reason the first MACD episode failed IMOP is it coincided with the financing at .10 cents and thus gives a very acceptable reason for the sudden dip and failure to hold the first pop.... it was just a bit too soon with the financing being lower than the price... of course the price went to the financing and the price as well had to work it's way through tax selling..... a good spot of luck as I loaded up. I hardly ever double down... but all things considered... it worked well this time and I'm in the green.



Dave GLTA

If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Bullion Bulls Canada || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure