Posted On: 12/21/2016 7:25:52 PM
Post# of 96892
Nice Technical Analysis for NTEK >>
-- The price broke through the resistance level (.026) today formed by the lower portion of the Ichimoku Cloud. What's interesting about today's penetration is that it's even deeper than the one in early December.
-- The Accumulation/Distribution line is already substantially higher than it was at the peak of the September run (which ran from .0165 - .037). This suggests there's much more buying pressure now than there was in September.
While these are positive signs, the daily PSAR hasn't flipped, yet, which would be a positive indicator. That could change, however, if we break the low .03s this week.
In short, we closed green for four straight days and had a great close today. Hopefully, there will be no more dilution and this run will stick.
The new CONTENT DEAL alone would put us over .03 pps and flip the PSAR imo ( my add to China's great Analysis)
[/b]Read More: http://investorshangout.com/post/view?id=4242...z4TWPYYQwU
-- The price broke through the resistance level (.026) today formed by the lower portion of the Ichimoku Cloud. What's interesting about today's penetration is that it's even deeper than the one in early December.
-- The Accumulation/Distribution line is already substantially higher than it was at the peak of the September run (which ran from .0165 - .037). This suggests there's much more buying pressure now than there was in September.
While these are positive signs, the daily PSAR hasn't flipped, yet, which would be a positive indicator. That could change, however, if we break the low .03s this week.
In short, we closed green for four straight days and had a great close today. Hopefully, there will be no more dilution and this run will stick.
The new CONTENT DEAL alone would put us over .03 pps and flip the PSAR imo ( my add to China's great Analysis)
[/b]Read More: http://investorshangout.com/post/view?id=4242...z4TWPYYQwU
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