PXLW (NYSE) Today numbers were a bit disappointing but volume was not that bad. Shares went down to 3,05 being a bear trap or condition named oversold. I expect a rebound and at least it is a good time to acculmulate. The numbers when looked up carefully are very good and i expect a bounce back well above 4$ within 3 weeks. Be patient, rewards will come.
NRI (TSX): It's on the move (unless it is a bull trap or overbought). In my opinion, volume as not picked up yet enough and will increase by probably 3-4 times within the next 5 trading days. Compare to last time when approaching FDA approval date, it is well in advance and volume has just start to pick up. Remember to cast in you sell orders at at level where you make a profit even if not approved. But there is still 10 trading days before approval. If the day prior approval you see a surge in stock price, could mean unconditionnal approval as there are always leaks both ways (look at the charts for august 4th approval date when shares startsed to tumble well before announcement) .
TVI (TSE) With incident in Australia mine, the big news was concerning uraniu price but it will also create a gap of 50,000 tons of copper that will reflect on next week copper price. I would not be surprised to see TVI gain 1 or 2 cents. 2 cents is almost 30% gain). If you want to play this baby, put in your 0,07 orders tonight as i think it will be too late tomorrow. If you enter your orders at 0,07, do not changed them tomorrow morning as it couls also be a bull trap. The difference between mometum and bull trap is that a bull trap has lot more sellers than buyers. Momentum is the opposite. Go to level 2 orders and check it out carefully when market open NOT BEFORE as sometimes traders will send in large orders and then remove them right before market open.
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