IBGR waiting on news👍️Trading Expectations (IBGR) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Nexus Energy Services, Inc. to open at $0.0098, and during the day (based on 14 day Average True Range), to move between $0.0084 and $0.0112, which gives a possible trading interval of +/-$0.0014 (+/-14.44%) up or down from last closing price. If Nexus Energy Services, Inc. takes out the full calculated possible swing range there will be an estimated 28.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0094 (4.08%) than the resistance at $0.0109 (11.22%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Nexus Energy Services, Inc. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nexus Energy Services, Inc. stock to perform well in the short-term.
