Replies to post #58116 on NorthWest Biotherapeutics Inc (NWBO)

[mapman1010]

Good thing the indexes have been moving up

something i wrote on another board to ponder:

Those of us who are veteran investors in the biotech sector keep an eye on the ETFs. IBB closed today @$268.31. this was a key closing price. This is the price area we have been looking for that would signal a possible turn around in this sector. Next week if the IBB closes above $270 a bullish signal will be perceived by the shorts and daytraders in this sector and the risk on trade sentiment will likely be triggered for money managers. The next resistance is $290. if that resistance is overcome then the next resistance is the $330 area.

If we can get any non-negative PR in the next week or two we could see quite a pop.