Exobox Technologies Corp (EXBX)

[bobentley]

From early indicators, this looks to be building a new base around .0875-.095. I will be shocked if it drops below .075 as level 2 shows good support. It's healthy for a stock to retrace a bit before moving back up. If you watched SPNG on its rise to 30 cents and the free fall back to .13 you will understand why it's so important to fill gaps, retrace and build new bases of support.

The profit taking here is minimal and I don't see anything that resembles a sell-off. What we've got is a simple retrace, consolidation and new floor. I consider this a strong buy at the .0875-.10 level and think we'll see some nice new HODs. GL.