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Saturday, October 23, 2021 1:06:21 PM
1. This was the bleakest time in NWBO history in terms of share price which hit all time lows at 14 cents and seem destined for lower levels with the constant onslaught of negativism on the board. That period saw countless share sales (toxic financing) and manipulation (remember running up the price and then the smash down when financing was announced?) Seems like we would never see the light of day and I got derided for my bullish chart views when price kept dropping.
2. The present period where the same conditions more or less exist. Constant warrant conversion which some probably found their way to the market and manipulation as well ( the daily and 5 minute chart actions for both periods are very similar and more so lately the past two weeks). So I got the same treatment as back then which doesn't deter my views because I believe I will be proven right.
3. Looking at these 3 charts - you will see why I have not wavered except for one day this week and self corrected :)) I still believe we will see a gap up or a huge spike in response as the price is manoeuvred lower.
Charts will follow on the next two posts:
Pedal to the Metal
Charts and comments are provided for interest and discussion for those who share a common passion for trading. This by no means constitute investment/trading advice.Scenarios created are for educational purposes only.
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