NWE 0.00% 5.6¢ norwest energy nl

chart

  1. 3,195 Posts.
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    NWE daily chart guys n gals.

    Things that stood out.

    1. Positive Divergence on the MACD.ie. MACD had made a higher low while the SP made a lower low. Hopefully a sign of some underlying strength.

    2. Barring some leakage in March, its possible a large falling wedge is forming (reversal pattern if it is, and a big one if it is)

    3. Double bottom at 3.3c. If that breaks i reckon that gap at 3c will get filled for sure.

    4. Recent resistance at 4c. Needs to bust that convincingly.

    5. Overhead gap at 4.5c

    Good luck all

    CHART

 
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Currently unlisted public company.

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