Newstrike Capital Inc NWSKF

RE: RE: RE: great results so far

[taylor1988]

Hope all's well Scottie!  Hence the could in my post but I'm just wary of how extended price is outside the bollingers currently

 

Maybe it doesn't hold as much weight with the juniors on Venture but on US exchanges I like to liquidate longs or initiate short-sells into parabolics outside the bollinger bands which is why I could see NES taking a breather back to the 65 SMA (1.56) tomorrow before closing near $1.65 - $1.70 for the week.  It's low volume though, anything is possible. 

 

We've travelled outside the bollingers several times before but only on great news and spend 1-2 days outside at most, I wouldn't think there's many shorts left in NES at these levels that could create panic buying here