NXL 6.58$ failed twice & today 6:5$ failed twice....these are best signs that it is opening short and will not move further...so we cut the trade at these signs. Short terms stock doesn’t work...zip had a trading pattern like this when hovering around 6$...everytime it tries to gap up, Shorters take control..frustrating days were those but was bottomed out at 5.5$ so I just held...Nxl once the bottom formed then holding long term is not a problem.
it is still quality that I keep an eye on everyday...worth having the stock long term, short term is uncertain though.
