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  4. Nanotech Entertainment Inc. (NTEK) Message Board

NTEK chart notes. This was the highest volume day

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Post# of 96892
Posted On: 09/15/2014 5:04:39 PM
Posted By: WinstonNC
Re: truthaboutcompanies #7413
NTEK chart notes. This was the highest volume day since July 2013.
This sets up the potential today was the beginning of a July 2013 type
major run if NTEK has more strong PR's in the pipeline and I suspect
they do. Closing at .065 there is major support just below us
@.063-.064 where the 50 and 100 dmas are setting.

The main reason we pulled back from the .07's today technically
was because we ran into the major downtrend line that draws down from
the Dec 2013 high .175 to the July 2014 .088 high to low .07's today.
Tough to get thru that on first shot because the MM's know once it gets
thru that it will really take off.

So what we have is a MASSIVE MAJOR TRIANGLE in the making
from the .01 major low may 2013 to the .175 major high Dec 2013
to the .037 major low June 2014 to the .088 major high July 2014
to the .05 major low Sept 2014 to the .075 major high Sept 2014
so far.....Most likely scenario is we'll trade between .063 and .075
until the end of the Sept unless NTEK has another Shock n Awe
PR to release before then..glta..



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