| Followers | 57 |
| Posts | 3865 |
| Boards Moderated | 1 |
| Alias Born | 02/18/2010 |
Monday, December 12, 2011 10:01:29 PM
Alert for $NEGS .0016
I'm just finishing up my scans for the night and I came across this oversold play on NEGS which finished today off at .0016. This chart has potential for a big big run. The last time it was at these levels it took off back to a penny for over an 800% gain
On Friday NEGS hit a low of .0011 and bounced. It also put in a low of .0011 on November 23rd and bounced. There now has been a double bottom formed.
But that's not the only bullish aspect of the chart. If you check out the volume on Friday it was a big increase from the few sessions prior to that, indicating that the selling pressure is over. And lastly the MACD is currently trying to crossover, if this happens it can get a real nice breakout. NEGS is a pretty thin stock so it has some crazy runs as you can see on the chart.
Check out the daily chart for NEGS below:
I'm just finishing up my scans for the night and I came across this oversold play on NEGS which finished today off at .0016. This chart has potential for a big big run. The last time it was at these levels it took off back to a penny for over an 800% gain
On Friday NEGS hit a low of .0011 and bounced. It also put in a low of .0011 on November 23rd and bounced. There now has been a double bottom formed.
But that's not the only bullish aspect of the chart. If you check out the volume on Friday it was a big increase from the few sessions prior to that, indicating that the selling pressure is over. And lastly the MACD is currently trying to crossover, if this happens it can get a real nice breakout. NEGS is a pretty thin stock so it has some crazy runs as you can see on the chart.
Check out the daily chart for NEGS below:
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
