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Friday, 09/25/2015 11:14:24 AM

Friday, September 25, 2015 11:14:24 AM

Post# of 701734
So I mostly review the YTD chart for NWBO. Every so often I expand the chart back to include more time, today I reviewed a 2 year chart. Interesting similarities when comparing September 2015 to September 2014 specifically set your chart up for a 200 day MA and a 20 day EMA.

I recall how dark it was back in September and October 2014. We were literally close to BK (or no cash to continue). Then we received notification of financing from Woodford and that set off the trajectory we experienced all 2015 until the end of July. Time flies. We may experience some continued downward price movements until we receive something to shock /jolt the price back to life.

Comparatively speaking in September 2014 the 20 MA cross the 200 day MA, which brought us down to the October 2014 lows. Had you bought on the October 2014 lows would have roughly an 80% positive return today. That same 20 MA crossing the 200 MA is happening now and appears to indicate further weakness. The MACD is still signalling a buy but appears to be turning. The stochastic is getting close to signal a buy. Mixed messages is the point.

There is a strong possibility that we will seem similar lows (hopefully not the same price low as Oct 2014) but if data comes out positive/financing occurs, then that should put in the support needed for a new positive trajectory.

Tough days
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