So the challenge to understand this language continues to riddle...

So the challenge to understand this language continues to riddle me although this morning on another thread @mainholm made a salient point sbout charts including the comment ( I hope you don’t mind me quoting you mainholm )
“TA is a very good tool, but the craftsman is more important than the tools!”

Which of course is true.
Anyway I may have to revise my previous and possibly hubristic notion that in the short term the price here might fall below $2.00 and just delight in the art and the craft in the hands of the masters .

nb ..The price actually has fallen a bit in the last few days as was (possibly) hinted it might.
This seems predictable across the board and, as can be seen elsewhere in the NWH chart strong surges were often followed by retreats - sometimes of near equivalent volume - to some kind of ‘midway ‘area.
The artistry is obviously in refining ‘some kind of midway area’ into an accurate point and then having the nerve and experience to hold the line until the prediction is realised.

Anyway I have been thinking this last increase may be different to most of the past ones this year ie most of that strong green was based on less than 20 S3XT transactions .
(February rise was also strong institutional buying but was followed by major fall under technical conditions which no longer apply according to Saragian who, in case anyone is unaware, has a close to perfect technical view on NWH chart analysis to date .)
And today there was another one
I mean another big trade .
That is almost half of today’s volume went through at $2.055.
A clear inference is that is someone is still acquiring ( from one fund to another ?) and think it’s possible these shares and maybe most of the others in the recent acquisition drive may not be going to be intended to be freely traded .... which means if the buyer feels $2.055 was a good price today to spend $1.367,830.33 (plus whatever else ) they expect the price to go forward from here rather than backwards.

Anyway here’s the photo of today’s big trade

Cheers
Mystified