PharmaCyte Biotech Inc (PMCB)

[Traderintx]

Silverado- I explained in a previous post that NVLX is not evidencing a triple bottom at this time because the stock price is continuing to decline. A triple bottom is in effect when stock bounces higher from a dip. That is not happening right now.

Also in dealing with stocks like NVLX complex technical analysis patterns are not a useful tool IMO since there is some much risk that is company specific. In the last 4 weeks of trading NVLX has only experienced 3 days that were not in the red. To me that speaks louder than a potential triple bottom forming. If you are looking to add more, you can probably be patient and add shares at 50% of the current price if you can hold out.