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NSRS Daily Chart....Accum/Dist & ChiOsc Behind Price.....

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ospreyeye Member Level  Saturday, 03/10/12 04:51:04 PM
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NSRS Daily Chart....Accum/Dist & ChiOsc Behind Price.....

ChiOsc is rising & Accum/Dist has leveled off as the Share Price has been trading in a range between 0.11 zone & 0.15+.......

Notice the Slope of these Indicators during the pullback....The end of Feb. action signaled a change in trend...

Now look @ the 2nd week of Feb. Bounce on these Indicators.....checkout their slope.....down hill....

Compare it to the slope since the End of Feb. Bounce.....Much different trajectory now.....

ChiOsc is now sloping upwards & Accum/Dist has found solid ground.....

Take a look @ Dec. 27th on ChiOsc....that was the last time this Indicator had a similar trajectory as now....

It was also the start of a massive run.....Notice previous bounces weren't met w/ a Lg. Spike.....

This is signaling the Selling is done.......looks like the $600K can easily be accounted for in the value of avg. Daily trading....

Avg Volume (10 days)13,416,642......x 0.15 = $2,012,496........0.15 is ultra conservative....considering the drop was @ much higher prices.....

I'm reading claims the $600K in promo compensation was the cause of the pullback, but as you can see that's less than 30% of one's trading value......

That money was collected long ago......& don't be fooled, this was heavily shorted.....MM's get driven short by massive runs.....

The books are now even.....the selling is done.....the shorts have covered,......& this is setting up for a run......

Look @ Fast Sto & Full Sto.....They're @ 4.50 & 7.23.....extreme Oversold......

They've been @ theses Oversold levels since the 2nd week of Feb.....for an entire month.....

It is absolutely Unsustainable......no stock can stay under 20 on the Sto's forever....none....

Look @ any chart........just like over 80/Overbought on the Sto's is Unsustainable.......under 20/Oversold is Unsustainable as well...

Everything works in cycles.....last month was a down cycle for NSRS......the month before was an up cycle.....

Checkout MACD......MACD Line is ready to cross the Signal Line to the Upside....start of a new up cycle.....

Bullish Signal Line Crossover.....Signaling the start of a New Uptrend.......

Signal line crossovers are the most common MACD signals. The signal line is a 9-day EMA of the MACD Line. As a moving average of the indicator, it trails the MACD and makes it easier to spot MACD turns. A bullish crossover occurs when the MACD turns up and crosses above the signal line.

The MACD indicator is special because it brings together momentum and trend in one indicator. This unique blend of trend and momentum can be applied to daily, weekly or monthly charts.

Keep an EYE on MA(10) @ 0.14.........it's been heavy resistance the entire way down......

When NSRS is trading above MA(10) you'll know it's Showtime......look for a VOL. Spike.......

That'll Signal she is ready......this is an Oversold Bounce play......my analysis is based on Technical Indicators.

This is aTraders stock........take your profits when you got them....& don't get caught holding the bag.......

There'a a ton of juice on the Sto's to run.....a ton....news is coming.....according to Fri.'s PR......

3 days down & ready to rebound.......NSRS should be back in play......$$$







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