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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: *ROSARIO* who wrote (596)10/26/1998 5:23:00 PM
From: Ken Sammut  Read Replies (1) of 1622
 
Having been in this stock for a year and a half, I believe I can suggest where the resistance areas will be.

Several million shares were bought and sold at the .075 to .085 level.

Very few shares from .085 to .11.

We could see strong resistance from .11 to .125. We stayed at that price for a few months.

Good news is that if we can break through .125 then it may be easy sailing to 20 cents.

All we need is good volume. It would be great to hear about the financing for Gammarth this week or Fred Lukes (NuVen's) intention to purchase up to 50M shares, or any news on the property in Spain they are negotiating on.

Ken
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