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gosh, I really want to help, but, I'd really like to see a lot more volume, like 250,000 or more, but, eventually, NVX should form a "PSYCLE sm" "EVB" bottom ahead....it just will take some time, though ....I hope I am wrong, but it is just the first potential rest day, and as I teach in my NL, and "BDG/EVB" booklet, we prefer to wait for the bottom to form, before buying anything....funny, how at its $ 28. and $ 30. L.T. double-tops, people loved this one, and, now, they notice it's high debt and little or no sales (but still some L.T. drugs potential)....without a miracle/takeover, short-term, that whole 14-15 area will be resistance, obviously, even long-term....but, last, notice, it had/has some L.T. support in the $ 7. area, in '92, '93, '94, see it ? I will never understand why nice people will never learn technical chart reading....I teach it, and it really helps many people....best wishes, |
