john risk, that's another way of cutting it and if you can have...

john risk,

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.