NVX Fundamental Analysis - a multi MULTI bagger, page-110

to be honest if you look at the chart no active traders want it till the 200 day MA gets lower and flattens out. you don't won't it running at the 200 which is declining hard. It's currently above a rising 50 and seems like it wants to retest it and hopefully it can bounce and tighten up around $3 for a run at the 200 which will start to flatten out in 4-6 weeks. St bakers f*ed the last run and there is a lot of overhead supply.. plenty of volume so we need another explosive announcement to end this downtrend. my 2 cents i am no chartist but that's my take