Next Dynamics Inc. (NEXD)

[coolnapz]

Bullish consolidation below the 200 DMA

It was a bit lonely on this board back when I made that bottoming formation call (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71230781) and things got busy, but have since kind of quieted down.

After the move up we came into resistance first at the blue sloping line that I marked on the chart, and also the 200 DMA which a lot of people probably had as their initial profit target.

It looks like pressure is building at this point and it should coincide with more positive news released with regards to the marketing of the EVPH services. The charts actually led the news with regards to Norman George taking over as CEO. When I spoke with his predecessor, Steven Bethkey, earlier in January, (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70760698) he said that there would be a series of PR's coming out and it looks to have just started.

If you are looking to add to your position, we are in a good area here above the 50 DMA which you can use as your entry/exit point guide in case things get dicey. We are looking to be days away from a 20 DMA cross over the 50, which is also a bullish sign.