NGHT -- WATCH CLOSELY The Money Flow is INCREDIBLE! Accumulation is on the rise...
A lot of CASH has flown through NGHT lately...
Take note of the CMF(14)[Chaikin Money Flow] on NGHT indicating a very POSITIVE trend in BUYING PRESSURE.
The BULLS ARE IN CHARGE of this chart! Accumulation is very strong.
Even with the recent promotional blitz (from April 16-18th) that sent NGHT to a high of $0.615 (Tues, April 17th), we didn't see much of a drop in accumulation. We also didn't see excessive selling pressure sending NGHT back to the low $0.30 range where it started trading in late January 2012.
Some people traded the recent promotion for profits, BUT a lot of people held onto their shares in this FRESH company with a BIG earning potential in the Billion Dollar EDM industry.
Look as the CMF and Accumulation/Distribution line are curving upwards once again, as people begin to slowly accumulate NGHT.
Before the promotion, NGHT was sitting in the low $.30 range. Currently (post-promotion), NGHT is sitting in the low $.40 range and slowly creeping higher. We've based approx 35% HIGHER post promotion...
A BIG INDICATOR that folks love the stock, and are holding for much bigger gains. That's exactly what I'm doing -- ACCUMULATING AND HOLDING!
NGHT SECURITY DETAILS Shares Outstanding: 49,322,330 a/o Mar 29, 2012 Float:6,387,640 a/o Mar 01, 2012 Authorized Shares: 100,000,000 a/o Mar 01, 2012
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