NorthWest Biotherapeutics Inc (NWBO)

[Rkmatters]

I do want longs to know that the for the first time in a long time BOLLINGER bottom is within today's range. It has moved up considerably. Over the past few months the bottom band has always been a large margin away. For instance when the stock was around $1.70, it had $1 in its view. To me this BOLLINGER range bottom ($.69) means that folks have not been selling into the "silent" fear, and that unless bad news comes in, this may mean reversal soon. Hopefully news will be reported soon.

Of course it doesn't mean that things might not get worse before it gets better, but I do view today's BOLLINGER as a good sign. I'm personally still going to wait until we get some kind of positive confirmation, as technicals are lagging indicators, and so things could change on a dime.