Tuesday, May 18, 2010

NNVC chart update

I hesitate to go here since my best advice has been  to buy this stock and put it away for safekeeping.  Nonetheless, I post the charts when NNVC rises, so let's be fair and post charts when it declines.

Note how price continually bounced at Weekly trend line support


Best guess: Wave 4 retracement before Wave 5 advance


Best for last: Monthly chart targeting 5.50 - 8.00