NorthWest Biotherapeutics Inc (NWBO)

[Sojourner55]

Thanks Hankmanhub. I tend to underestimate the time it takes for price correction to complete hence the time it takes to reach my prediction targets. Your observation is correct and I now tend to be a bit more conservative even though the optimist in me refuse to be reined in. LOL.

As to your question why my price level predictions (albeit late) seems better than direction, I am not sure as they are to me the same. The price target and direction are based on chart patterns and sometimes they morph into another so the original analysis could change (sometimes temporarily) and resume back to the initial pattern. This could account for the "detour" and time lag. For example when I predicted price would rebound to 85 and then 92 after the stock corrected from 92, it took 3 weeks longer than I initially projected. So the direction and price target was right but time delayed. When looking at a chart, there are so many ways to dissect it so that sometimes I miss a particular angle and that happens to throw the prediction off.

That's why it's nice to have other chartists to cover my blind spots or outright wrong call. Of note, NWBO seems more manipulated and it's not surprising being on the OTC and MMs play an influential role here.