Here's the deal on the Low Volume..In fact today w

Here's the deal on the Low Volume..In fact today was a RECORD LOW
VOLUME day as far as I can tell looking back on the chart a couple years
and IMO its VERY BULLISH...Here's why...

What has happened is ever since the big move June 20 the
stock has traded out the entire range between .061 and .088 and
we're sitting smack in the exact middle at .075

All the short term traders sold above .075 and are hoping for a
pullback into the .06's but guess what IMO friday's action and today's
action speaks very strongly they're not going to get it !

Meanwhile ALL the true longs are content to just hold because they
know every day that goes by puts us one day close to a MAJOR PR
that's going to send us Sky High on any number of fronts NTEK could
announce.

Now here's the chart deal....Right now NTEK is carving out the
right shoulder of the 'Reverse Head n' Shoulder Pattern'.

Look close you can see the left side of the left shoulder from April took
12 days to form...Right now we're at about day 9 of the left side
of the right shoulder forming...That strongly suggest a move above
.08 is coming in the late part of this week when we hit day 12 because the short term money that sold is going to realize they are running out of time for another pullback....
However this sideways trading in the 7's could also stretch for another
2-3 weeks given that the April low to the June low took 7 weeks to form.
We won't be in week 7 from the June low until 1st week of August...

Bottom line is this RECORD LOW VOLUME day was BULLISH
given where we are on the chart and given the fundamental outlook
for NTEK with so many catalyst events ahead.