RE:RE:Hope this helps you guys...Im more of a technical traderNVA is sitting in an ascending triangle pattern which is a bullish pattern that indicates a run(a few other names are sitting in similar patterns). Was thinking oil inventories were gonna be positive with construction sites and things slowly reopening, Not to mention more cars on the roads. This would then cause the pattern to breakout but i'm hearing bad news in regards to inventories which is telling me this might become a longer play than expected to begin to fill the GAP at $1.56.....We currently have support at $.81 then $.76
If it goes below $.76 the pattern has failed to break out and will need a re-chart