After months of consolidation, shares of Northwest Biotherapeutics, Inc (OTCMKTS:NWBO) are witnessing a steady rise on Friday.
As of writing, NWBO stock is up by 13.71% at $1.70 on above-average volume. After a big jump last year, the stock has been moving within a narrow since the beginning of the year.
Over the past month, the stock has made higher highs and higher lows on the chart. Moreover, the stock is on the verge of breaking above the 6-month high of $1.73 (closing basis).
So if the stock closes above $1.73 and sustains on Monday, then the momentum might continue at least for the short term.
NWBO stock has soared almost 900% from its 52-week low of $0.17 and trading 30% lower from its 52-week high of $2.51.
Finance and Entertainment Reporter
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