Novo Resources Corp T.NVO

Tradeahead

[WisGuy1]

 Yeah, it is truly sad to be a basher. But hey, they crawl out around major bottoms and slither back into the holes when the stock goes up. Much like the botfly larvae, a part of the natural life-cycle of parasites. For the experienced investor however, many sightings of them are a buy signal. It signals we are close to a bottom in NVO, maybe even at the exact bottom in the coming week???. We shall see :-))

 

Also from a purely technical perspective we are at RSI 33 on the weekly, oversold, and in an area of prior NVO bottoms/turns before.

 

So we should be around the exhaustion point of the downtrend, soon ready to turn upwards.

[RunninOnMT]

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[mortgages101]

Wisguy can you ask QH if at $1800 gold Noco can't make money what's it going to do if gold drops back to $1600? Also all that money being spent on exploration. When are the results going to come? Don't need 1997 data, it's 2022.