As you can see above, NWPN has proven to be a short-term breakout machine in the past few months.
1.) On August 13th, NWPN shot from an open of $.0064 to a high of $.02 for an outstanding intraday surge of 212%.
2.) On September 4th, NWPN opened at $.007 and rocketed to a $.02 high the next session for a short-term run of 185%.
3.) On September 11th, NWPN doubled from an open of $.008 to a high of $.016.
4.) From September 30th's open of $.01 to October 1st's high of $.022, NPWN clawed another 120% in the short-term.
5.) Most recently, on October 30th NWPN moved from an $.0083 low to the following sessions high of $.0175 for a surge of 110%.
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 Day Moving Average
- 20 - 100 Day MACD Oscillator
- 20 - 200 Day MACD Oscillator
Medium Term Indicators
- 50 - 100 Day MACD Oscillator
- 50 - 150 Day MACD Oscillator
- 50 - 200 Day MACD Oscillator
Long Term Indicators
- 100 Day Moving Average
- 150 Day Moving Average
- 200 Day Moving Average
- 100 - 200 Day MACD Oscillator
Furthermore, the website reports NWPN to be a "54% BUY" based on overall technical indicators.
On top of all of these bullish technicals, NWPN was also seeing strong support from its 13-Day Exponential Moving Average of $.0089.
With another key line of resistance in its 50-Day Simple Moving Average of $.0108 just north of where NWPN closed Friday, a potential technical squeeze could be in the cards if this profile sees momentum heading into the new week.
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#4. 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.
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#5. Potential Driver Indicator - NWPN Making Moves
The Now Corporation (NWPN) Becomes The Largest Shareholder in TransGlobal Assets Inc. (TMSH)
The Now Corporation is pleased to announce that it is now the largest shareholder in TransGlobal Assets Inc. since Convertible Series A Preferred stock was issued late last week. Out of the 1Mn shares issued, The Now Corporation received 268K shares.
TransGlobal Assets Inc. is in the process of becoming current in its filings. In addition, pursuant to a press release dated July 27, 2020 titled, "The Now Corporation Acquired An Equity Stake In TransGlobal Assets Inc. For Its Monster Elixir Subsidiary", The Now Corporation is extremely interested in the Monster Elixir subsidiary both as an investment and for additional synergies.
Monster Elixir Inc. will provide customers with a wide range of high-quality CB products from its organically grown Indoor and Outdoor gardens. It uses some of the best genetics in the industry with a guarantee that its plants are free from all unwanted pests and harmful chemicals. Some other products are as follows:
Pur Root Lemonade: by utilizing the natural medicines in MJ Roots. Its Pur Root Lemonade will come in many flavors such as Ginger Bite and Pineapple Agave, sold in bulk or retail.
Infused Olive Oils: for all of your edible baking needs, it has Olive Oils Infused with CBs, also sold in bulk or retail.
[...]
Plus it will offer a unique arrangement of CB Edibles, from hard candies and gummies to pound cakes and pies made from scratch.
These fine CB products will be sold at local dispensaries and other retail outlets, including at Monster Elixir stores coming soon.
TransGlobal Assets Inc. will be retaining a [...] Attorney to lobby its interests and to acquire the necessary licenses.
In addition, TransGlobal Assets Inc. owns two medical MJ strains: Previously known as BB (Mobb Boss x Rare Dankness #1) and MV (501st OG x Rare Dankness #1).
Read the full article here.
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NWPN Recap: What To Know Before Monday's Opening Bell
#1. NWPN enters into new joint venture
#2. 6-month NWPN chart displays explosive history
#3. Barchart reports multiple bullish technical indicators
#4. Development of new CB sports cream
#5. NWPN becomes largest shareholder in TMSH