InvestorsHub Logo
Followers 413
Posts 38418
Boards Moderated 4
Alias Born 08/07/2003

Re: None

Monday, 11/17/2014 12:38:45 PM

Monday, November 17, 2014 12:38:45 PM

Post# of 144814
From a technical perspective, there are a lot of things wrong with the chart of NVLX – most indicators are turned south and the price is currently testing the 50dma – not good.
That said, the volume on this leg down is not what you’d expect to see - look back at the big down days in July, Aug, and Sept. – THAT is selling volume you want to see on a ‘Short’ – My guess is that sellers are drying up here, which means upside cometh! This needs to get above the 200dma (currently .275) to have legs.
For the record, I just own a few shares of this.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PMCB News