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Re: Bridget21 post# 7823

Friday, 07/24/2020 12:05:56 PM

Friday, July 24, 2020 12:05:56 PM

Post# of 14223
Hi Guys,

I took a look very carefully at the candle stick one year daily chart you can easily see a doji pattern on 9/23/19. This shows resistance at $.175 U.S. Support is shown at $.155 U.S.

And in addition the last 2 trading days ( although today is not finish) are showing a topping pattern for this move. I can easily can make the case NGW will trade sideways for a couple of weeks into earnings release.

That being said the one year daily chart easily shows a cup and handle pattern for the stock movement. A cup and handle pattern is most usually a bullish sign.

For me you might try to nibble at the bid and see hope to get fills.

If and when NGW trades over $.175 next resistant is at $.195 U.S.

GLTA

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