Another NTEK technical milestone today>The 10dma i
Post# of 96879
above the 50dma at the highest % mark since the
Sept 2014 breakout. Again this confirms further the
amazing cycle relationships the NTEK chart has displayed
since its all time low of NOV 2012 and is implying
higher prices are coming in the weeks and months to come.
....................................................................................
...................................................................
All time low Nov 2012 > 11 Months < to
All time High Oct 2013 > 11 Months < to
Major High Sept 2014 > count near perfect
FIBONACHI RATIO X 1.618 = 17.8 months to last week
week's breakout above 50dma = Highest %
move above 50dma since Sept 2014.
...............................................................................
.................................................................................
Major Low May 2013 > 12.9 months < to
Major Low June 2014 > count PERFECT FIB RATIO
X 1.618 = 20.87 months exactly to the MAJOR LOW of
MARCH 2016 we saw last week !!!!!
............................................................
...............................................................
Major High July 2013 > 11 months < to
Major Low June 2014 > 11 months < to
Major High May 2015 > 11 months < to APRIL 2016.
This cycle in conjunction with the others above IMPLIES a
MAJOR TURNING POINT UPWARD starting close to
close to MID APRIL 2016, with a potentially rally
of similar strength to the June 2014 Rally which
was over 100% in 3 weeks time !!!
...................................................................
Ideally what would confirm this coming APRIL move
is basically some more sideways trading from here and even
another pullback to test the DEC 2015 .0036 low then as
we get close to MID APRIL get a Catalyst event from
NTEK that sends the stock above its March 2016 high
(so far .005).
At that point it would be GAME ON for a 100% upside move
within the 3 week time frame.