Chart Check in - Mid August.

Checked the charts today for CWE.

Can see a dead weight cross (Bear market signal) formed at the start of June, where the momentum shifted. July was by far the worst month of the dead weight cross. Right at the end of july the divergence was largest at 6.69% and has since lowered to 4.53% at these prices currently.

Seems that without a change in market outlook or financials, the period of slow price decreases could continue. Thats certainly at this stage what the charts show.

Note: Momentum shifted back to negative in the start of august, typically this stock has goes through large downturn periods.

That being said, ofcourse, TA is a tricky business and works largely best in retrospective so hopefully there is some unforseen circumstances that give us a bit of a lift i am personally happy enough with the tech, management, grants etc that ill keep holding.