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By: silversurfer2005
22 Jun 2005, 10:30 PM EDT
Msg. 141779 of 141780
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My technicals have told the story all along. A major capitulation in this equity was reached on the all time historic high volume trading day recently. Since that trading session, NNOS stock has exhibited all the hallmarks of a stock with a new shareholder base and continued accumulation on heavy volume has been the norm. I do not pretend to know what may be going on behind the scenes, but without question the demand for NNOS stock is now outstripping the supply by a wide margin, hence the aggressive price advances. Considering the VWAP today and a close near the daily high, I would expect to see no let up in the advance from current price levels in the next few trading sessions. My tutorials are available...
