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Strategies & Market Trends : Stocks to Watch

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To: Al Collard who wrote (152)4/18/2001 12:58:56 AM
From: Al Collard  Read Replies (1) of 592
 
A "Stock to Watch"...NXS-t

Chart for NEXUS Group International:

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart for NXS we can see the bullish engulfing candle formed from today's trading on better than average volume. MACD and Stochastics are both pointing up and the +DI has just crossed over to the upside of the -DI on the ADX. This crossover is a very bullish sign as a rule. Using the old adage the market always knows one could expect news from this stock near term.

regards,
Al
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