As much as I believe in the whole "shale gas revolution" and NWE being at the forefront ( for want of a better word), I do also believe in what Chartists such as M69 say
A wise man one said to never fall in love with shares, as they don't fall in love with you.
M69 makes a strong case regarding the 4.7 and 4.5 support levels falling through. If this 3.9-4.1 level falls, 2.9 does come into play. This is what my little TA knowledge suggests. I can't and won't put a timeline on it. I'm far from an expert
Yes, there is also a stack of fundamental data such as the resource estimate that is due at Month's end, but FA goes hand-in-hand with TA, no matter what.
Everyone is entitled to an opinion. I ask that everyone's is respected. I'd love to see a chart posted here, however, I remember the kerfuffle that occurred last time.
I hold a seven-figure sum of NWE shares, and don't like looking at a big portion of holdings being in the negative.
NWE Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
