Long | NXTD NASDAQ:NXTD
Possible Scenario: LONG
Evidence: Price Action
Entry point: buy order : 5.40$ in case of pull-back, without pull-back, 5.85 is buy signal
TP: 7$
Call options, Strike 4.5$, 11/19/2021
Call options, Strike 5.5$, 11/ 19/2021 100 Contracts cost 7.5k and profit in target 15k, 200%
*This is my idea and could be wrong 100%
NXTD
10x potential gain at long timeIt has been reacted to the below area of the channel. So may go back to the middle line at least then reach higher.
$NXTD about to explodeYou can see on the 1hr chart that NXTD is using the 200 SMA as support, forming a small wedge inside a much larger wedge. If this is the case, by 7/1, we will see a breakout of the pattern. Small wedge breakout expected tomorrow, larger pattern breakout by 7/1!!
$NXTD, should see $1.55We are assuming it will stay in the bullish wedge. It has nice steady growth in the stochastic and the rsi looks to be getting stronger. Going to try and ride this one to $2
NXTD long entry at 1.15$, target 2.5$, SL 1.08$NXTD long entry at 1.15$, target 2.5$, SL 1.08$.
Risk reward ratio 14:1
NXTD Needs to get back in the trend line before Close 1/4/21NXTD has been squeezing into this Ascending triangle. The dip is on Par with BTC, need to see it come back into the trend line before close to have a chance for a breakout up. A good bottom to buy from for a day trade
NXTD skyrockets as Bitcoin broke the $20,000 markThe company hasn’t issued any news or press releases this morning, but the stock is up in double-digit percentages.
The run seems to be the result of the fact that Bitcoin broke the $20,000 mark.
NXTD is heavily focused on mobile security, and cryptocurrencies, which run on the blockchain, are focused on the security of financial transactions, and other contracts, in simple terms anyway.
Moreover, NXTD isn’t only active in mobile security, it’s an active player in the cryptocurrency industry, helping to make cryptocurrency more feasible with its subsidiary, FitPay.
FitPay creates contactless payment devices for Bitcoin owners. When used, these devices convert bitcoin into fiat currency, making it possible for Bitcoin owners to use their cryptocurrency in stores.
With Bitcoin breaking the $20,000 mark, demand for the cryptocurrency is at an all-time high. Moreover, cryptocurrency enthusiasts are looking for ways to bring this technology into the wider world of finance and commerce.
NXTD offers a way to do that with FitPay. So, it’s no surprise that the stock is up today.
cnafinance.com
NXTD - SHORTNXTD has been pumped and is now slowly fading. I shorted on the first red day at $0.60 and held my position in two days. On the second day it got down to $0.50 and held that level as support all day. My target was at least $0.40 but when it held $0.50 all day and tomorrow is a short-squeeze-Friday, I covered my position at $0.51 for a safe 15 % profit.