Weekly VOL was now 110M which is 2nd highest in la
Post# of 96879
Posted On: 02/06/2016 1:03:21 AM
Weekly VOL was now 110M which is 2nd highest in last 3 yrs
only to APRIL 2015.
And Guess what, From the APRIL 2015 LOW NTEK
was UP 100% by First week of MAY 2015.
Combine that with the EXTREME RSI historical readings
and the ODDS are VERY HIGH we get a 50%-100% rally within
next 30 days....
5 for 5 on historical RSI extremes is high odds we're looking
at a 50%-100% rally within 30 days.
IF .003 holds for a low then we
could expect to be trading around .0045-.006 area
in FEB with any kind of CATALYST news like a
STRONG Q4 2015 report.
Here are the previous dates when EXTREME LOW RSI hit>
JAN 2014 rallied from .09 to .13
APRIL 2014 rallied from .05 to .08
JUNE 2014 rallied .04 to .10
APRIL 2015 rallied from .012 to .022
DEC 2015 rallied from .0036 to .0072
only to APRIL 2015.
And Guess what, From the APRIL 2015 LOW NTEK
was UP 100% by First week of MAY 2015.
Combine that with the EXTREME RSI historical readings
and the ODDS are VERY HIGH we get a 50%-100% rally within
next 30 days....
5 for 5 on historical RSI extremes is high odds we're looking
at a 50%-100% rally within 30 days.
IF .003 holds for a low then we
could expect to be trading around .0045-.006 area
in FEB with any kind of CATALYST news like a
STRONG Q4 2015 report.
Here are the previous dates when EXTREME LOW RSI hit>
JAN 2014 rallied from .09 to .13
APRIL 2014 rallied from .05 to .08
JUNE 2014 rallied .04 to .10
APRIL 2015 rallied from .012 to .022
DEC 2015 rallied from .0036 to .0072
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