Novogen - Dosages and comments, page-4

I don't really know much about charts. There was a post on Ozestock that linked to a Chartist program saying NVGN was very bullish. They had a chart and an explination.

Basically I think the chart looks good because when the price has fallen the past two times it was on very small volume indicating it was a lack of buyers that drove the price down (by impatient traders). The recent two large price rises have been accompanied by very large volume with the recent low well above the previous low. That suggests that more and more stock are going into "long term" hands.

I personally am not selling my shares before Phase II results are announced. I'm very confident we'll see some cracking results and I don't want to miss out.

I'll be at the AGM Friday and will post any interesting information here.

Cheers,
Munch.