Right now, .005 is a major resistance point for NTEK. If we can close this week above that PPS, we'll have broken out of a downward channel that started in June 2014. That would be a BIG buy signal. If we don't do it this week—and things keep going as they are—we could break out of this downward channel in the next week or two.
Another positive development in the making is that the 5 day moving average just broke the 10 DMA on the weekly chart. If things keep going in this direction, and the 5 DMA breaks the 20 DMA, it would also represent another HUGE BUY signal.
Go NTEK!
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