In all seriousness, I dnt think chart fundamentals apply in this case, per se..... Wat has happened is the market is waiting on news at the moment..... It's had a rise in October 09, and has since consolidated on the hope that news will arrive.. However, it has gone slightly below the 50% fib retrance due to (in my opinion) news being late and shareholders becoming impatient, coupled with the fact that the overall sentiment of the market is terrible and the remaining cash that NWE has is not significant.. From a long term perspective, I believe if you sit tight you will be rewarded..... I am thinking that if you plan to keep ur money in NWE until at least until December, you would have made multiples of your investment|
However, dnt ask me to pick the bottoms of stocks, coz I'm terrible at that lol
NWE Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held