Good memory, but I also think I cautioned I'm not a technical analyst/trader. I've had the same number of shares invested in NWBO since late last winter 2012/2013.
That said, I found that Rorschoch test from early-mid November to the beginning of the year intriguing after all that flatland behind it.
I know some people said the first part looked like the 'bird,' but Its pretty clear from looking at chart patterns that it was a classic head and shoulders. (In that case it was concurrent with a fundraising)
I think from there the head and shoulders was followed by a cup and handle ending by the first of the year. So, to me I can't help but think the end of year pattern represented an individual having their cup of coffee. Sure enough that was followed by a breakout to the upside.
You can stop reading this anytime. I'm no expert on patterns.
Anyway, I don't see any major pattern clues after that. I think mutual funds and institutions have been getting in (which is true) -- some dipping their toes while others are more aggressive -- and they clear stops and the like to keep the price reasonable while each one enters in.
They have their algorithms and fast computers to accomplish that I suppose.
So, there have been studies done on whether some in the market seem to 'know' what's going to happen before results come out on a phase 3. My opinion is, that in most cases, many people probably did their due diligence and so the study was flawed where it assumed the pre-jump before successful results were announced was due to something like leaks.
I simply think the chart currently reflects a mix of cautious optimism, conservative diversification and price volatility that does not draw much attention to itself -- that is after the 1st of this year.
