Nextnation has been trending lower and lower. Yesterday it closed at 60c with a slight improvement of volume. The intraday low was 57c which coincided with the low of
A hammer (a candle with a long lower shadow) has appeared. As the hammer is at a support level, I read this as a bullish sign. I shall buy at the opening bell today. The latest news is this:
Kuala Lumpur, 29 January 2007– Nextnation Communication Berhad’s (MESDAQ: NEXTNAT) wholly owned subsidiary, Ozura Sdn. Bhd. (“Ozura”), a leading international publisher and developer of mobile entertainment announced today its partnership with ChinaByte in the creation of an exclusive China-based mobile gaming community portal – MOSTAR.