As you can see above, NWPN has proven to be a short-term breakout machine in the past few months.
1.) On September 11th, 2020, NWPN doubled from an open of $.008 to a high of $.016.
2.) From September 30th, 2020's open of $.01 to October 1st's high of $.022, NPWN clawed another 120% in the short-term.
3.) On October 30th, 2020, NWPN moved from an $.0083 low to the following sessions high of $.0175 for a surge of 110%.
4.) NWPN opened on February 12th at $.0088 and ran to a high of $.0215 that same day for a breakout of 144% intraday.
5.) Most recently, NWPN surged from an open of $.014 to a $.031 high on February 22nd. That intraday run resulted in a move of 121%.
NWPN has repeatedly shown the ability to make triple-digit runs in no time at all. Could its next major move be right around the corner?
Let's check out the technicals to see if that could be the case...
#3. Potential Driver Indicator - Barchart Reports Bullish Technical Indictors
According to Barchart's website, NWPN has several bullishly triggered technicals to pay attention to closely. Here they are:
Short Term Indicators
- 20 - 50 Day MACD Oscillator
- 20 - 100 Day MACD Oscillator
- 20 - 200 Day MACD Oscillator
Medium Term Indicators
- 50 Day Moving Average
- 50 - 100 Day MACD Oscillator
- 50 - 200 Day MACD Oscillator
Long Term Indicators
- 100 Day Moving Average
- 150 Day Moving Average
- 200 Day Moving Average
Now, let's take a closer look at NWPN as its technicals could be providing a bullish forecast after a recent downtrend.
Could a healthy reversal be on the way? Here's Investopedia's definition of a reversal:
"A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart."
Take a moment now and look back at the chart above. As you see, NWPN was trading as high as $.03 around 2 weeks ago.
With NWPN trading above strong potential support in its 50-Day SMA and 200-Day SMA, it may just be a matter of time until we see a big bounce towards previous highs.
Now, I'm not saying NWPN is going soaring back to $.03 on Monday, but you need to be aware of the potential upside.
#4 Potential Driver Indicator - NWPN Enters Joint Venture
The Now Corporation (NWPN) Enters Into A Joint Venture With Hollywood Diagnostics Center For Human Imaging Diagnostics
The Now Corporation is pleased to announce that, pursuant to the press release dated August 24th, it has signed a joint venture with Hollywood Diagnostics Center to perform neurological studies using state-of-the-art imaging technology to measure brain activity by detecting changes associated with blood flow when CB compounds are introduced to the human body. The goal of the imaging data analysis is to detect correlations between brain activation in subjects when either non-tasked or tasked activities are performed during the scan with CB compounds present. It also aims to discover correlations with cognitive states after CB compounds are introduced to the subject. The data derived from the studies will be published to the public via the National Institute of Health (NIH) database or any other public platforms within the scientific research community.
Hollywood Diagnostics Center is a leader in the medical diagnostics field while performing over 30,000 diagnostic procedures annually. The center continues to be at the forefront of medical technology by progressively updating its equipment and procedures to reflect the latest advances in medicine. HDC has provided the healthcare community with outstanding, technologically advanced medical services to address the changing needs of patients.
The parties desire to establish between them a joint venture in order to collaborate in:
A) Independent industry reviews and studies (United States and internationally).
B) Analysis and research that measures brain activity by detecting changes associated with blood flow using cann-abi-noids to determine changes in brain function.
C) Perform blood draw findings that go along with imaging analyses.
D) Publishing of White Papers to National Institute of Health, and other Scientific Publishing Platforms.
Read the full article here.
#5. Potential Driver Indicator - CB Sports Cream
The Now Corporation (NWPN) Starts Development Of A CB-Infused Sports Cream
The Now Corporation (NWPN) is pleased to announce that it will begin to perfect the correct mixture to maximize efficacy for a cb-infused sports cream to help with muscle aches and stiffness. This will also provide athletes with the ability to recover faster from intense workouts. The ingredients to be included in this cream will consist of, but not be limited to, the following:
CB topical base oil, shea butter, beeswax pellets, or clean beeswax, chopped fine Menthol crystals (to enhance absorption and effect), Eucalyptus essential oil, camphor oil and extracts (mint oil, shiling oil and exotic roots).
The company is considering marketing and selling this under a brand that we may purchase with a significant social media following.
Read the full article here.
NWPN Recap: What To Know Before Monday's Opening Bell
#1. Memorandum Of Agreement Signed With FAMU
#2. Explosive short term chart history
#3. Barchart reports multiple bullish technical indicators
#4. NWPN enters into new joint venture
#5. Development of new CB sports cream
Coverage is officially reinitiated on NWPN. While you have time now, do this: