outtrader, not sure if we retrace back to about .135 (gap) before resuming the run to .175, then .25. (If I read E right there could be a long corrective 3 ahead for us.) And, got to fill that gap at some point...may depend on news or no news in the am. (Market so fickle...) But convinced we are on to higher highs without much hesitation. Just a thought. S.
Thank you for that, E. I don't believe in 'coincidence' so believe I was led here and I want to thank+ you, substantive contributors, who fill in gaps where I am weak. I am unable to find fault with NVLX and see huge near term potential with this. Your history with 'N' reminds me of my similar (very long term bottom) experience which didn't work out so well. Ever so grateful to be here and will help when I can. Sharpei
some approaching...some have entered overbought territory. BB exploded already...Using Bulkowski 'ascending scallop' theory I am calling (+/-) .22 for a near term top. (Using Fibonacci w/.0965 as a bottom I see .25.) I do not see room for further upside until we pull back first. I look forward to hearing from others. Sharpei
Really appreciate your response. It looks on my chart like a small gap on the 22nd but I am going with you on this. (BTW, sorry about the absence of a couple of caps...got a sticky caps key :) ). Many thanks and the same good fortune to you, OTT and other Longs). I attempt day trading but have can'd several already as the momentum and volume and the potential for bigger news in the short term almost seems 'baked in' especially over the w/e. S.
and three hours to go. Think news of 'N' is leaking out? Wait til after the conf in WA this w/e. Looks like .25 very soon is likely. And Yes!, in answer to the poster who asked if I thought 'N' is a candidate for reverse split. S.
in the process of a powerful dead cat bounce, imo; but, if you watch GLD there should be a run to 137ish (or DUST to 15-20) with one good pullback between now and then. I do see another run south from possibly that point to just below $1000 eventually. In the meantime enjoy the GSS bull run set to go off momentarily (Fri or Mon). Sharpei
Feb 17: 'Meanwhile, gold rose 0.4 per cent to USD 1,324.51 an ounce, after touching USD 1,330.03, the highest since October 31 in London.'. (article/pti-stories/gold-futures-regain-30k-level-on-strong-global-cues-114021701214_1.html) Sharpei
Esusun: First, I must say I was wrong and I always tell people not to listen to any but their own opinion; but, I have been checking other small biotechs because I have always thought that after shares were issued there is a pullback, and yes I do expect that here also. Okay, let's play...first indication, a pullback to .18ish range. Tell me what you are thinking, Sharpei
I have 1319.75 as this near term bottom so I'm thinking we should move up from here. S.
I suspect manipulation going on to position for news coming. Not to worry about today's downdraft. It will soon change. Sharpei
NVLX was at .51 was seven years ago; the bottom was three and one half years ago; and it has taken three and one half years to get to this point (although we hit .22 in May 2013). I only mention these as the length of time a stock has been on the bottom is an indication of how powerful the rally will be once it gets going. Interesting to ponder. S..
Ah, Esusun...thanks for jumping on board. It is sounding as if you expect a pullback somewhere in this area, too. The chart (and a likely Fibonacci scenario) if they are to be relied upon, are quite clear that this area (.23-.25) is ripe for a 'dip' (not a correction!). My target would be in the .18 area as I read it now.) Let's keep the discussion going. S.