chart notes; Stochastics are @ an oversold level o
Post# of 96874
Posted On: 08/15/2015 12:24:46 PM
chart notes; Stochastics are @ an oversold level on the
daily even though we have been UP 4 weeks. This adds
more fuel to the next coming UP move.
The WEEKLY chart is showing perfect BULL FLAG
action for the past 4 weeks. What this means is the
next time we see a WEEKLY WHITE CANDLE on
the chart you can be 100% sure an explosive further
move UP is coming.
The first technical tgt for this further move up will be the
.02-.025 area challenging the MAY highs.
We have an added bullish bonus in what the chart
is revealing by the fact that the last 4 months action
leading into the coming AUG 22 SHM
is VERY SIMILAR to the 4 months action that led up
to the JUNE 2013 SHM...The aftermath of that timeframe
resulted in a 1000% move up in June-July 2013.
The negative this time around is there are about
700M more outstanding shares. The positive this
time around is NTEK has never looked stronger
fundamentally for what is coming in the next 12 months.
daily even though we have been UP 4 weeks. This adds
more fuel to the next coming UP move.
The WEEKLY chart is showing perfect BULL FLAG
action for the past 4 weeks. What this means is the
next time we see a WEEKLY WHITE CANDLE on
the chart you can be 100% sure an explosive further
move UP is coming.
The first technical tgt for this further move up will be the
.02-.025 area challenging the MAY highs.
We have an added bullish bonus in what the chart
is revealing by the fact that the last 4 months action
leading into the coming AUG 22 SHM
is VERY SIMILAR to the 4 months action that led up
to the JUNE 2013 SHM...The aftermath of that timeframe
resulted in a 1000% move up in June-July 2013.
The negative this time around is there are about
700M more outstanding shares. The positive this
time around is NTEK has never looked stronger
fundamentally for what is coming in the next 12 months.
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