SamSuka
The Long Investor
The Long Investor

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$NWL - RC -

Are we looking at the clearest cyclical chart on the market right now?

Dating back to the mid 80's, this has consolidated between $55 and $4.5 and it looks destined to test the bottom blue line again.

Their fundamentals are not terrible but they are not making profit again and for a company around for this long, they should be profitable.....so if they can return to profit, this is looking good to recover then.

Losing the bottom blue line at $4.5 puts them in considerable pain.

$NWL - RC -

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