daytrade diaries...november 17th part 1, page-31

Aksier thanks for the summaries on NWE and EXM

"NWE: I bought a few on and just after open today at 3.2 and 3.3 cents after conducting research over the weekend. The chart looks great now with the stochastic crossing, the RSI above 50 and rising and the MACD about to cross (probably today). Today also finished with a bullish Marubozu pattern where the buyers were in control all day (Open is the days low, closes on the days high). News Due: Seismic interpretation for the UK project.

EXM: Tcheg alerted me to EXM and after reviewing the chart I liked what I saw. I do not hold but have added it to my watch list today. The chart looks bullish with the slow stochastic and RSI rising and the MACD set to cross tomorrow. I have a target of 2.5 cents in the short term."


Both should do well today