NNVC Daily Trend Model
Also note what appears to be a series Waves 1 & 2 Up from the late October, 2009 low. Needless to say, the Daily Trend Model is solidly up with its reversal well under current prices. An objective risk/reward analysis based on this stop is that there is about 25c of risk against a potential $2.25 reward, almost 10 to 1.
What can be a catalyst here? Any number of fundamental events as there are many different irons in the fire for NanoViricides. But I see little reason to complicate the analysis with speculation, the chart speaks for itself.