Posted On: 01/22/2015 5:43:26 PM
Post# of 96892
Re: PowerPuncher #8821
The rapid growth of 4K tvs as well as 4K mobile devices this year
coupled with the rapid growth of NTEK 4K content has to convert
into a steadily rising stock price at some point if NTEK just does
a halfway decent job of managing it. Add in some coming
MAGIC SCREEN and GAMING deals this year all the better.
That said the chart is as BEARISH and ugly as it can get with
this onging 13 month DOWNTREND now....First indication
NTEK may be ready to turn the corner is when the stock can
break the DOWNTREND of lower highs from the Sept high
in the next few weeks, but may need to test low .02's first.
coupled with the rapid growth of NTEK 4K content has to convert
into a steadily rising stock price at some point if NTEK just does
a halfway decent job of managing it. Add in some coming
MAGIC SCREEN and GAMING deals this year all the better.
That said the chart is as BEARISH and ugly as it can get with
this onging 13 month DOWNTREND now....First indication
NTEK may be ready to turn the corner is when the stock can
break the DOWNTREND of lower highs from the Sept high
in the next few weeks, but may need to test low .02's first.
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