We are looking at the weekly candles in this view dating back to late 2019.
NXGWF has been in an ascending parallel channel since around March 2020, continuing to rise with bursts of energy followed by periods of slow stagnant decline.
MACD and RSI on the weekly chart are beginning to show signs of a potential reversal.
This pattern may roughly follow earnings reports. Financial statements were released today that may be a catalyst for volume and upward movement of the stock.
webfiles.thecse...enwave-Q1FS.pdf?_pIp9dm5RB...
NXGWF has been in an ascending parallel channel since around March 2020, continuing to rise with bursts of energy followed by periods of slow stagnant decline.
MACD and RSI on the weekly chart are beginning to show signs of a potential reversal.
This pattern may roughly follow earnings reports. Financial statements were released today that may be a catalyst for volume and upward movement of the stock.
webfiles.thecse...enwave-Q1FS.pdf?_pIp9dm5RB...
On the right track!