Jan. 4 at 2:14 PM
$NVCT Technical analysis update. A continued close above
$8.5 for two days gives us an intermediate target of
$11 which is the neckline of an inverse head and shoulders pattern. If this occurs a close above
$12 will then give us our
$20 target for this move. However, at
$20 the market cap would still be a measly 500M. This market cap imo is extremely undervalued for the previous lack of institutional buying. That is now changing. GLTA