Norwest Energy (NWE) is an oil and gas company based at Perth Basin, Western Australia. Recent trading pattern has been observed with great accumulation taking place (from 3.7c to 4c). Retest 4.9c imminent if overall market sentiment is bullish. Recent data has shown that MIN and Bell Potter have both increased their holdings, strengthening the confidence in buyers and holders. Weekly chart pattern is showing sign of bull flag formation. I could be wrong but I have great conviction for NWE going in upward direction in the coming weeks. All IMO!
