Triangle formation on weekly chart Price above MA 50 Support : 0.04 R1 : 0.055 R2 : 0.06 MACD above 0. Awaiting golden cross
Note. - Today chart showing NEXGRAM is on bullishness trend over last 2 week rally with no price action. - Suggestion entry/exit are as per chart. Looks for best position EP
Background of company: provide a wide range of products and services in different business segments. Today The Group involves in businesses such as telecommunication, information technology, property development, industries, and corporate advisory services. Latest, involve in plastic manufacture for medical equipment. Sentiment: 1) has acquired 65% of Arita...
Target = 0.80
As we can see, the nexgram stock just break the BOTL and also showing buying strength. In all indicator, all showing the bullish divergence. If the price can break 0.05, the strong signal and confirmation the bullish divergence will take over.
BASED ON MACD, WE CAN SEE A GOLDEN CROSS. PRICE NEED TO BREAK 0.055 FOR BREAKOUT. TP AFTER BREAKOUT FIRST TP 0.06 SECOND TP 0.065 THIRD TP 0.075 FIRST SUPPORT 0.045 SECOND SUPPORT 0.040 LAST SUPPORT 0.035 IF PRICE BREAK 0.075, SKY IS LIMITLESS
24th July sudden interest really draws other investors to pump their capital into Nexgram and temporarily push the price until 0.070, then at the closed at 0.055. Recent rumors about Tri-G that is Nexgram subsidiary got a contract from the ministry of tourism posted on 24th will surely push the price up again. Based on my analysis Nexgram is a potential growth...