3 signs why I am bullish on NPXS long term now:
1: Bullish divergence
A bullish divergence on bigger timeframes is defined as a new price bottom that has not been confirmed by a new indicator low. It signifies that the prevailing trend is weak, and is ready for reversal.
2: Falling wegde
Falling wegde patter indicates that the downtrend is losing steam and strength, as the text says in the chart.
3: Last chart pattern that forms out is the Ascending Triangle:
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation.