NOT strangest NWBO trading I’ve seen: NEEDS to close above 85 cts!:
With the SLOW LOW NWBO volume yesterday (15 minutes before Wed close 250K! Hammered it DOWN: to produce a technical breakdown as seen here and indicated in Point & Figure commentary:
NOT helping are those with large CVM losses (>$200K: from $25 to $5) and NEED $ along with no more NWBO patience.
NWBO is my only biotech stock that is down today!
Will ADD.
Having a sense of the ENTIRE varied cast of characters: 1)NWBO Silence is Golden; 2)sharp SHORTS; 3)over extended penny stock players in a FROTHY overvalued CHANGED market place since FALL 2021 are the culprits IMHO.
“Know when to HOLD and when to fold.”
NWBO is NOT for the timid AND inexperience is magnified under the above conditions!