NanoViricides Inc. (NNVC)

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POINT & FIGURE BREAKOUT IN THE OFFING

If the stock can close at 1.30 or better one of the more potent P&F patterns will resolve with a buy signal. The pattern, a spread triple top has been tested by Cohen( 1959), Kaufman (date?), and in an unpublished research. It provides a positive edge and provides a price forecast based on the pattern's width. This breakout would carry a target of over 2.00. That is not supported by my other technical work but with a clever cat like Gene at the controls who knows what he has up his floppy wizard's sleeve.

My target is 1.50 to 1.70. There's a boat load of resistance above 1.70.

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