NorthWest Biotherapeutics Inc (NWBO)

[jimmy667]

Thank you. I appreciate your charts, very well done. I would say NWBO definitely broke out to the upside of the pennant formation you illustrated so well. With that strong of a break out on 3 times average volume on a half day trading (6x volume?) I do not think the Genie goes back in the bottle of the pennant trading range easily.
Ok lets see Clay Traders simplistic take on this if he is not off for holiday. Ok I will do it for him. CLAY WILL SAY: "Ideal level of support $1.67 makes chart look strongest. More importantly just watch that purple line the famous 50 period MA currently $1.40 but as time goes on it will move higher and higher. Levels of resistance Right there where party stopped at $1.83."
Ok everyone that's Clay's take.
My take is no meaningful resistance until $2.30-2.50 zone. Supports 1st $1.67 2nd mid $1.50s.