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Re: LessIsMore post# 155904

Saturday, 01/27/2018 12:21:36 PM

Saturday, January 27, 2018 12:21:36 PM

Post# of 703081
LIM, if you think interpreting charts is a slam dunk, we will all be millionaires. It's not difficult to see long term trends on charts in hindsight but it's all probability what happens next on the right side of the chart. Not unusual to see spikes the last few minutes of trading on a Friday for short covering which did not happen. I have indicated that we are in a consolidation period and a breakout of 32 ( previous highs) is something to watch for. Did not happen yesterday so we continue to watch price action. It's all about managing expectations. I do not trade NWBO because this is an investment I believe in. On a technical basis it was on a downtrend for more than 2 years and I chose not to short it nor have I ever shorted stocks especially with NWBO trying to find a cure for cancer and I'm not going to be part of trying to destroy a company even though some argue it is a scam which I don't find any evidence to support it.
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