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  4. Nanotech Entertainment Inc. (NTEK) Message Board

What's up guys! I think today NTEK price was manip

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Post# of 96897
Posted On: 07/22/2014 9:54:38 PM
Posted By: Willy 5150
What's up guys! I think today NTEK price was manipulated by MMs to shake out novice traders and investors(those that had their stop-loss orders hit and the ones that can't control their emotions) because they see the cup and handle(bullish pattern) I see, so they know it's going up and that confirms my analysis and also was a very good opportunity to buy at the dip. The cup started in may 5th and ended jul 9th, and the handle(also inside the symmetrical triangle(between jun 25 and jun 27) I was talking about) started in jul 10th. Today it open above the Sym triangle but closed back inside it again, like I said NTEK is not worth a lower price because they couldn't make it close below the triangle(BULLS are in charge now) despite the volume and long lower wick and I think bears got the message(go short somewhere else) because the price is at the very end of the sym triangle. Note: you can see the sym triangle and the cup and handle pattern very clear that I'm talking about in candlestick or heikin-ashi or bar chart . And to confirm my analysis I use the heikin-ashi chart which tells me that today it open and closed inside and at the end of the sym triangle. Breaking up of the sym triangle like I said is heading to around 0.11 - 0.115 but because of the cup and handle pattern also could be 0.12 - 0.125. Once again tomorrow is going to be another very interesting day or we're having a very interesting week, also remember that last Wednesday NTEK signed with MUSE(good news). Hope I'm not confusing anyone with my analysis. Also truthaboutcompanies, powerp, and couple of others have very good and helpful analysis. truthaboutcompanies and powerp I've really been learning from you guys and thanks for providing that good info FOR FREE.


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