Peter Hristov

N I S Holdings Corp (PINK:NISC) Stirs the Market in the Last Moment

by Peter Hristov June 22, 2011

NISC_logo_.jpgHowever, it seems that apart from the attempt of NISC to boost up its stock by this announcement, there was a much more overwhelming factor on the market that suffocated the exaltation at the end of the session. At present, there are only suppositions about what this factor could be.

For now, technical indicators such as the MACD and the short-term averages support the downward pressure on the stock. At the same time, the 50-MA is currently positioned at $0.1, where the stock was one month ago. Many investors will be curious if NISC will find the power to test this level again.

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