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Re: Baller1 post# 11062

Wednesday, 01/13/2021 12:48:31 PM

Wednesday, January 13, 2021 12:48:31 PM

Post# of 14223
Hi Guys,

Just reviewed the technical set up for NGW on the 6 months daily

chart.

Easy to define and notice a reverse head and shoulder pattern

which is bullish.

shoulder on left shoulder $.3280 on 10/29/20, reverse head

$.2505 on 12/2/20 and right shoulder today at $.33

Technical chart theory stated the next move is projected up with

the upper limit being the price difference between the price of


the shoulders and the head.

That being calculated as about $.08.

Next projected upper limit projected to be $.41.

Oh yes on the way up NGW need to trade higher than its near term

resistance of $.35 which is still in place.

But $.41 is projected as the next near term level.

Buying more as funds become available.

GLTA

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