Here are some technical chart clues NTEK is primed
Post# of 96879
Posted On: 04/24/2015 6:06:45 PM
Here are some technical chart clues NTEK is primed for
a BIG MOVE UP next week.
Look close at the MACD you will notice even though we
were down 5 days in a row this past week the MACD
stayed in an UPTREND and NEVER fell below the
RED LINE. That is very rare to see.
At the same time the STOCHASTICS (14,3) broke above
the RED LINE today and is now showing a
"Reverse Head-n-Shoulders" pattern from the last 4 weeks
action...
This MACD/STOCHASTICS combination pattern is extremely
bullish going into next weeks action. In fact if you look close
at the NTEK chart, the only other time this combination came
close to appearing was in early Sept 2014 when the stock
SHOT UP 100% in a few days after it appeared
glta
a BIG MOVE UP next week.
Look close at the MACD you will notice even though we
were down 5 days in a row this past week the MACD
stayed in an UPTREND and NEVER fell below the
RED LINE. That is very rare to see.
At the same time the STOCHASTICS (14,3) broke above
the RED LINE today and is now showing a
"Reverse Head-n-Shoulders" pattern from the last 4 weeks
action...
This MACD/STOCHASTICS combination pattern is extremely
bullish going into next weeks action. In fact if you look close
at the NTEK chart, the only other time this combination came
close to appearing was in early Sept 2014 when the stock
SHOT UP 100% in a few days after it appeared
glta
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