Post by
StockscoutX on Feb 27, 2024 11:53am
NOU SP should have continued going up?
There are two thing that could keep the SP from going up in the short term:
1) Right now NOU is burning cash to develop so that puts a lot a pressure of the SP.
2) If we are to apply technical analysis to the stock chart. The gap must be filled before it goes back up.
There is a third possibility that could prevent the SP from going to new heights:
3) The world isn't going 100% electric anymore but be a combination of both electric and effecient combustion engines for cars.
IMO.
Comment by
Ihabcan on Feb 29, 2024 3:15am
I am following your comments about NMG. Please keep posting your analysis and expectations and I really appreciate your knowledge and logic