Blue Horseshoes Stocks: Afternoon Update

Nuvilex, Inc. NVLX

NVLX, after starting off the day as low as .125, is testing new highs this afternoon, having just touched a high of .1425 for a 14% intraday increase.

A quick look at the chart shows the stock broke above the 50DMA, a good sign, and the RSI is trying to  get back above the 50-line. We’re also on the lookout for a bullish MACD cross, as we pointed out in the NVLX video chart,which was featured in yesterday’s NVLX Special Report.


IceWEB, Inc. IWEB

IWEB opened as low as .0324 this morning, and managed a high of .038 (+17%). We then saw a dip back to .034, and currently it’s trading back at the .0355 level. So all in all, we seen some nice price action from IWEB today, including those intraday moves which amount the possibility of up to 21% in cumulative gains on the day.

In total, IWEB has brought us the opportunity at well over 300% in gains since we initiated coverage back on July 9th.

We’ll also add that the BARCHART.COM Opinion on IWEB still reads green, to the tune of a 72% Overall “Buy” Rating.