jdusan

$NXTD strong support - possible 45.51% gain

Long
jdusan Mis à jour   
NASDAQ:NXTD   None
Last two earnings were positive

It's right at the bottom of a 4-month trend line

At the support created along the way

It has an upward 'spikey' movement, to over 200% in less than 24h (so it's a quick exit)

Next earning in 30 days

Micro catalyst: New site coming soon


PT > Without clear and strong resistance up until $0.6535 (45.51%)

E > $0.4491

SL > I would exit the trade if the DAY price drops below $0.4051 which would result in a 9.8% loss

R/R > 1/4.65
Commentaire:
I'm curious about what you think, let me know in comments
Commentaire:
Lessons >

+ Wider stop loss (don't forget how volatile penny stocks are)

+ Wait for good news and then enter at a good price
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