It is hard to say when exactly, but I believe what to do is stay in tune with the bullish/bearish momentum and understand that NOVN is not a complete falling knife stock. During our past weeks that were heavy in times of indecision, things were working well for for flippers needing daily money. Me, otoh sold some not to take profits so to speak, but to take more dip shares than just sold.
I am a firm believer here in the company, CEO, pipeline, and leadership representing the President of the USA cancer panel! I also believe that our CEO, Paula, is the type to take leadership pride in preventing any reverse stock split from happening because of her commitment to her fiduciary duty as a CEO of a public company as well as beautifying her resume. The potential rewards are aggravated even further by the realization that the stock is a former runner, former awesome and consistent HOD, and too many chickens are in the stock market investing with improper "take stop loss quickly" brainwash techniques that are used by daytraders to keep the waters full and the profits easy to make from them.
The worst case scenario is that if the stock does something dumb before our imminent break is that the opportunity should be there to increase share count daily! Just keep eyes on price action volume and that it stays liquid.
Also, unlike daytraders, in all due respect to their workable strategies, I choose to never go overnight without holding a valuable amount of shares because once again I am not only a believer here, but have an inner knowing, imo, what reward we will receive for this risk/reward value.
