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MyMIWallet
Dec 21, 2020 3:05 PM

NXTD Breakout Stock Alert Long

Description

BREAKOUT STOCK ALERT
NXTD - NXT-ID Inc. - Common Stock Status Alert: Deficient
Initial Alert Price: $1.5
Potential Price: $2.12
Potential Gains: 41%
Stop Loss Limit: $1.43


NXTD is looking to retest the $1.73 in today's trading session. We looking for a breakthrough at those specific levels to finally retest the $2.11 and continue moving higher. The market price is a little bit higher from the levels of support that we aim for but the stock is showing volume spikes, VWAP is currently hovering around 60 on the RSI showing more room for placing a position at comfortable levels. The stock found support above the 50% Levels on the Fib Retracement Analysis and we expect the swing to occur over the course of the next 4-6 hours.
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Comment

The stock has hit our Potential Stop Loss at $1.43 but also found support around those levels. We continue monitoring very closely.
Comments
jacobbodden1
Fell lower. Wedge/ Pennant formation continued.
MyMIWallet
@jacobbodden1, Yeah, we ended up closing the alert through our Alert System to our users earlier this morning. Thought it has some run behind it
abel11
Amazing work! Subscribed
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