NWH 2.08% $3.29 nrw holdings limited

Bullish Sign? - Bounced off 200 EMA

  1. 697 Posts.
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    I have observed the following over the last few days which appears to be bullish:

    1. NWH crossed 200EMA on 11/4 and then bounced off from that low and closed at 20cents today.
    2. The price action never touched the 100EMA
    3. MACD showing signs of improvement.

    IMO any contract news could send the stock strongly towards the recent high (i.e. 30cents)

    Any comments?
 
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