NEXCF: Downtrend breakout Initial PT $8NEXCF has just broken its long downtrend line which is usually due to some fundamental change in the company and trajectory of cash flow. The company has rebranded more into an AR 3D marketing company. They still have their digital edtech app and online conferencing but the reposition was a wise one considering the pandemic is coming to an end and many employees will be returning to work. If you noticed this past week the largest losers in the Nasdaq were pandemic plays such as Zoom (ZM) and Moderna (MRNA).
The business pivot will play a crucial role into the burgeoning AR space which is becoming a greater theme in 2022.
Fib extension target in the $12 range but no promises we get there - first target will be $8.
NEXCF
$NEXCF in Continued Constructive Posture in Hi-Mo TrendNEXCF has been a big winner over recent months, but there's nothing in this action to cause undue concern at this point. Continued constructive posture.
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Nextech Ar Solutions Corp (OTCMKTS:NEXCF)
Nextech bills itself as a company that engages in the acquisition and development of augmented reality (AR) technology. The stock has been hot and could get much hotter as its technology solution takes flight.
The company offers ARitize eCommerce, the browser-based and Web enabled AR shopping platform; ARitize Retail Showroom that provides choice, convenience, ratings, and reviews with the benefits of being in-store; ARitize App that allows to sell, learn, communicate, and share product, service, or experience through AR; and ARitize University, an AR learning system.
It also provides ARitize Studios, which enables customers to beam in to 3D volumetric space as a hologram, and create an interactive yet intimate connection with audiences from all over the world; and Hoot 3D eCommerce solution that shows 3D and 360 degree product photography.