daytrading jan 31 afternoon, page-16

nwe latest in long line to phoenix or is it a dead cat over last few weeks

all the runs of the others failed so far

bur obl stx icn roc hzn...

will see with nwe. all have one thing in common. they need cash
hzn still getting over 32c cr.

nwe i was there with its last phoenix run to 10c. 3c then 3.4c then 3.2c then 4c etc etc

this time pattern is same but at 1c level
1c then 1.4c then retrace to 1.2 c which holds and now 1.6c
if true to form should see 2c plus


tte has held most of its gains.

always liked prospects of nwe over next 5 year period mind you


did get some when 1c broke up so will see. long termers getting back on. needs to deliver something or back down it goes.

expect usual ramps and charts to appear in meantime

as usual not a buy now. odds are will follow others back down. whiplash time. easiest to let it run to a cr and buy in then.
hzn is at that time of its cycle now where cr falls almost over and should come back to life for 45c level again

icn also good but hard to trade.