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Bullboard - Stock Discussion Forum Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.

TSXV:NKW.H - Post Discussion

Oceanic Wind Energy Inc > For stock pickers
View:
Post by BayWall on Jan 07, 2025 5:06pm

For stock pickers

I'm only following one indicator RSI. So quite shaky. Nothing to positively say anything bullish exists. I checked candlesticks, etc.

A flat stock price since mid 2022, So it's difficult to get a good read on the divergence of  RSI vs stock price. It's there, but just barely.

The best speculative thing I could say, since it's a multi-year event with the RSI and if there is good news to go with that, maybe some serious action is possible. Only the timing is unknown.

That's why I posted a lot. I know it works, even sometimes by itself.  But for stock picking, need some other indicators to confirm. I'm looking for an engulfing bullish candlstock pattern (monthly chart) to start things.
Comment by BayWall on Jan 08, 2025 4:58am
A critic may say its been almost 3 years of a flat stock and a 2 cent low, making the stock nearly worthless. So any indicator which appears positive is an illusion. Seeing stock chart patterns which don't exist. Also strongly promoting a stock, may forge bullish patterns, but it's not real. Not easy to pick true winners. Wasting time with the stock some will say. Cost of offshore and ...more  
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