NMX.V Snapshot

This upload reflects a charting platform.... that is interesting if not provocative... showing a very strong sentiment !

Look for upward double crossovers in the stochastic.... the good crossovers show a bit of lead in the shorter term crossover, but the real good moves show a simultaneous  upward jerk..., at the very least gives the impression of really strong support just under the financing.... possibly a whole lot of loading up outside in the market.... relate it to the stochastic and notice the good runs come from the low low low range under 20 .... what we are hoping will transpire is that we are ready for an up move over time from an extremely low stochastic reading.

Dave GLTA

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NMX.V update

NMX is looking very solid, remaining in an uptrend as of this post.... in the chart below do some spontaneous charting and use two different settings of Stochastic... one will be 13 5 18 and the other will be 50 5 18... from the look of both these different settings it seems as if they are about to move as a pair.... this posture took place this morning... where there has been two up swings and crossovers, and while the strength of the move is in question as to how far and how fast... considering all the fundamentals that have fallen in place recently.... at this price for a Lithium stock... NMX is beyond a doubt the most realistic candidate for being under valued giving strength to the speculation of a continued progression along the 200 day average.

 

Dave GLTA

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|| 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

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