NanoViricides Inc. (NNVC)

[Trendliner]

OF REAL INTEREST IS THE MARKET'S REACTION TO THE NNVC NEWS

At one time in the company's history, such new would have been greeted with a 5 - 20% increase in the stock price, but not this time.

While there was a very brief pop of nearly 5% at the opening it has not been sustained. Negative price action in the face of ostensibly bullish news sends a negative signal about the market's sentiment.

Long-term support continues to hold, but as mentioned before its real test will be the ability to survive tax selling. I am dubious it will.

Trendliner