NorthWest Biotherapeutics Inc (NWBO)

[Sojourner55]

Those who watch the stock daily recognizes various levels of support and resistance. 1.40 has been the long term support since the correction from 2.50 even with episodes of deep dives, it always bounced back. Then came resistance at 1.50 and 1.60, the latter being the most stubborn. Now that PPS has settled above this for a week, will it go sideways, dip back to 1.50 or head to 1.80 to close the gap?



No doubt many were disappointed with the pullback as evidenced by the anger expressed by some on this board. However, price seems to be forming a shallower and higher bottom than previous actions. Note that for the past 6 months, price was lingering around the bottom half of the trading range of 1.40 - 1.80+. and now it is settling above mid-range. I believe it is setting the stage for a re-run to $2 in due time. Keep the faith.