***********If today's market was not such a disastrous sell zone NXTD could have had a nice rally, keep it on your alert list for a significant breakout in the coming days***************
Nxt-ID, Inc. is a technology company, which engages in the development of hardware and software security systems and applications. The company focuses on the...
NXTD had a major pullback to buyzone area; RSI turned up and MACD still needs to get back to positive level. Volume is light but accumulation is happening at this level.
I like it because it had a golden cross over last week. This might retest 2.80 level within a few week. Just depends on mkt condition.
Trade Idea Option 1:
Swing Idea: buy at 10/25...
NXTD has been pumped and is now slowly fading. I shorted on the first red day at $0.60 and held my position in two days. On the second day it got down to $0.50 and held that level as support all day. My target was at least $0.40 but when it held $0.50 all day and tomorrow is a short-squeeze-Friday, I covered my position at $0.51 for a safe 15 % profit.