Replies to post #235495 on NorthWest Biotherapeutics Inc (NWBO)

[carp77]

I’m very long this stock and have been for years and I would go as far too say when the charts start popping up its the kiss of death....

[Sojourner55]

Yes, it's been disappointing with NWBO. TA has worked well with my other stocks. There is no clear trend with NWBO apart from the short rallies based on certain expectations which gets sold off when it doesn't materialize. So we are waiting for a binary event and the charts may or may not give any indications. I keep looking for well established patterns and hope it plays out.

[Poor Man -]

Right, technical analysis and charting does not work for an OTC stock like NWBO. It’s a fool’s errand to place much emphasis on this kind of stuff. Because NWBO is traded as an OTC, lending to virtually no institutional interest, the stock will never sustain any appreciation without on-going positive news. In the absence of news, the stock quickly reverts south, like we’re seeing now.