tangman
Long

Novo, Divergence building

OTC:NSRPF   NOVO RESOURCES CORP
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After a very deep, almost exact 78.6% fib retracement, Novo is now showing signs of bottoming.

Inverse H&S pattern. MACD divergence on the daily.

I highly doubt a favorite investment of Eric Sprott could crash even further than 78.6% retracement .

I already bought the low and am holding a small profitable position. A breakout from the inverse H&S would be a further buy. This is an excellent level to establish long term holdings.
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