that's another way of cutting it and if you can have the patience to sit on it, then NWE looks strong.
That is the difference I have been trying to highlight. Technical discussion often focus on the very short term; and that's fine. However technical analysis can also be applied fruitfully on mid-long term trades.
If you look at the last 3 minor dips 5.8 cents - 30/aug 6.1 cents - 18/Oct 6.8 cents - today (06/Dec)
Progressively higher lows. It remains to be seen whether or not the SP bounces off today's low and continues the upward trajectory.
I suspect that will be dependent on the news. It's been in a bit of a holding pattern since September.
NWE Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held