NEGG 200ma Cross since Dec 2021. Building Momentum
Updated
NEGG I have to say this was a surprise finding this at this price. I always see my dad who is old school radio shack kind of PC guy, on this app and geeking out over their sales and products. So to see it this low grabbed my attention.
Some things I saw that were interesting is the Volume is 7x over its daily avg. The float is amazingly low at 12.21 mil. So another way to look at that is its turning the float every hour. as it builds its turning it faster and faster. which means we are swapping older buyers out with new hungry retail buyers every hour.
I see this thing launching back to something more worthy of its numbers. The volume on this just hit 40 mill.....
Price target $5.55
by iCantw84it
01/13/23
Some things I saw that were interesting is the Volume is 7x over its daily avg. The float is amazingly low at 12.21 mil. So another way to look at that is its turning the float every hour. as it builds its turning it faster and faster. which means we are swapping older buyers out with new hungry retail buyers every hour.
I see this thing launching back to something more worthy of its numbers. The volume on this just hit 40 mill.....
Price target $5.55
by iCantw84it
01/13/23
Comment
It failed to break the cloud but if you look its reaccumulating two cycles below. Should be seeing a move to retest cloud in 2 candles that should put you 930-10am est 1/18/23
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