PharmaCyte Biotech Inc (PMCB)

[Otsy]

The bears are out and charts don't show any support for NVLX until $.18 which just so happens to be exactly where the 200 day moving average line crosses. Save your pennies and perhaps, there will be some excellent prices in which to bring down your average share price. After that, my opinion is that the bears will still be out for a while, but the bulls will be out in force. Why? If this downward trend is all about chart signals, that is the point on the chart where it may stop and reverse. If it is not about technical computer program signals it is an orchestrated short spree. (That may force the price down even further.) There isn't any bad news to be anything else. I would like to see enough money buying long on chart formations to force the short play to change directions due to chart signals if NVLX price should hit the 200 day moving average. Otherwise, there is big money out there shorting NVLX. The reason, other than scaring investors to sell and to clean up may be to get shares so low in price so when they change directions on the upswing they get in at a very low price and purchase mega amounts of shares. Anyway, that is what I would do if I had the big, really big bucks. It's a win-win for smart money. Even if NVLX tanks due to poor results or FDA declining cell in a box, their money has still been made. I believe there may be enough long money waiting on the sidelines waiting for the right price to buy and keep the price afloat. If any good news is announced the direction has just got to change. If it doesn't then for sure I may be correct is assuming big short money is controlling this move. No Fear Here!