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juniortrader
Sep 9, 2016 2:11 AM

Trading with the Trend, $NYX Short

Description

Nyx Gaming Group has just had a 46% price increase in the past two weeks up until its peak. Price is now very overbought and as stated on the chart there are several bearish indications of why this is a good short sale. Also as you can see on the chart, price recently bouced back from the top lin reg line as it did a couple months ago. Price target is middle lin reg line.
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