Thursday, March 13, 2014

Riding NES

I used to watch this stock before everything really went to shit. They have a catalog of excellent drill result but the market was unimpressed when their maiden 43-101 came out. After that, I kinda lost interest and moved on to other stocks.

Having recently checked up, I see a nice upward channel forming. The thing I like about it is the three big bounces off of the lower channel the Bollinger bands have been quite wide throughout the trend but appear to be narrowing.

Fairly simple chart, take a look.

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