RE:RE:Time To Buy InRepost of of my previous message as below. It sure looks like the stock is willing or is struggling to grind higher after staying just above $3.03 for a few days now. It is not likely the stock will retest its low of $2.81. Next big resistance level is at $3.16 and could go range bound between now and just before next QR in August. Any good news will change the picture and hope NHC is able to deliver as promised or exceed expectation.
Ducksoup000001 wrote: The share price needs to stay above $3.03 at close for a couple of days to confirm breakout of the bottom. We could be at the end or very near it in the bottoming process. In the meantime there is no way to predict how the coming QR will be. Unless one has cash to burn and don't care about it otherwise wait for the technical signal to confirm before making the next move. Remember this stock went up 13% in one day and then retreated back to $2.81 in a couple of days. Good luck.
quote=TheRock07]We have hit bottom and needed an event to initiate the share price rebound while forcing the shorts to cover.
We are now in increasingly stronger seasonal quarters each of which will be a new record by a country mile for Nobilius.
They have their guidance and they will meet that guidance.
That means a $10 US fair value.
Tuesday presentation is the event that management have been patiently waiting for.
That presentation will be very positive and will confirm the essentials of this play.
Get aboard and flush out the shorts.....and make good coin as this beaten down play transits into a very strong capital gaim..
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