NorthWest Biotherapeutics Inc (NWBO)

[Sojourner55]

I think we have a setup similar to the spike before the ASM in May. Many similarities here.. Look at the two black blocks. There was an initial rally from the low after the correction from the 1.80 high in March followed by another with a higher high. Price then re-trenched and flattened out like where we are now. We rallied from the 1.02 low to 1.33 followed by another to the recent 1.47 high. The pullback stopped at 1.15 (1.02, 1.12, 1.15 respective lows) and sideways trading 1.20 - 1.25. Meanwhile MACD and STO are flattening out as in May prior to the spike to 2.15. If price starts moving towards 1.30 - 1.40, I'd say a spike is imminent and could take us to 1.70 - 1.80. My initial description of a spike to 1.44 yesterday was incorrect. I should have said a run to 1.40 was a prelude to a spike. Apologies to Trocprofit.