NXS 2.56% 20.0¢ next science limited

40m share trade, page-16

  1. 156 Posts.
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    as a long term shareholder of NXS, I think NXS will drop back, for several reason

    (1) the selling pressure at 0.49 yesterday is quite a lot, some one don't want to shares breach 0.49

    (2) that's a double top since the last time we touch 0.495 the highest. if it is a ascending triangle then it's still ok, but it;s not, cause it touch 0.43 few days ago...

    (3) today drop can pull down the MACD to a down trend cross(the opposite of golden cross, can't rememeber the name)

    (4) we already know crux deal will get done in the second half of next year, even though I may get it earlier, but not before Xmas is sure.

    honestly, too many to show this stock won't go up for a while, i could be wrong, but I am a full supporter of NXS, so I will be back
 
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