VOL5.8M for week ALL TIME RECORD and still one more
day to go! Read carefully below what happens to
NTEK historically when it trades RECORD VOLUME
at EXTREME LOWS...
IMO we have one more down week AT MOST so it
could trade very temporarily below .02 but by the
end of AUG we will witness the 'character' of the
intraday trading change as dilution dries up then
NTEK will be releasing MAJOR NEWS in SEPT
imo.
..........................................................................................
In the past 2 years NTEK has had a RECORD
VOL DOWN WEEK 4 TIMES at its important technical LOWS
and all 4 TIMES the stock rallied higher within a week to
a month! Lets look at these in detail >
> 1st week APRIL 2015 RECORD DOWN VOL WEEK
Stock rallied 100% by First week of MAY 2015 !
> 1st week FEB 2016 Very close to RECORD DOWN VOL WEEK
stock had one more down week then rallied over
300% in MARCH 2016 highs !! That's because the Dilution
stopped from Mid Feb thru March and NTEK put out a
lot of good news during that time.
> 3rd week of MAY 2016 very close to RECORD VOL DOWN WEEK
stock rallied almost 100% one week later ! This rally was in spite
of everyone knowing the R/S was very close and more
dilution coming !
> 3rd week of JULY ALL TIME RECORD VOL WEEK right
as the R/S began and the stock still managed to rally 40%
the next week. BUT its important to note in this case
WE KNEW their was still more DILUTION to come so that's
why that rally was small and
we have been down these last 3 weeks since then.
The O/S has gone from 80M to 92M in just those 3 weeks !
I've figured all along they can STOP DILUTING somewhere
close to 100M as that level gives them enough to pay off the debt
and be FUNDED for GROWTH. So I'm figuring to end of
AUG and then the VOLUME + the character of the
intraday trading will be the giveaway signs
a Major Rally is coming.
BUT THIS COMING RALLY has the potential
to be even better than the MARCH 2016 rally because for
the first time in over 3 years NTEK will FINALLY have its
DEBT PAID OFF and be FULLY FUNDED to implement
its GROWTH PLANS!
day to go! Read carefully below what happens to
NTEK historically when it trades RECORD VOLUME
at EXTREME LOWS...
IMO we have one more down week AT MOST so it
could trade very temporarily below .02 but by the
end of AUG we will witness the 'character' of the
intraday trading change as dilution dries up then
NTEK will be releasing MAJOR NEWS in SEPT
imo.
..........................................................................................
In the past 2 years NTEK has had a RECORD
VOL DOWN WEEK 4 TIMES at its important technical LOWS
and all 4 TIMES the stock rallied higher within a week to
a month! Lets look at these in detail >
> 1st week APRIL 2015 RECORD DOWN VOL WEEK
Stock rallied 100% by First week of MAY 2015 !
> 1st week FEB 2016 Very close to RECORD DOWN VOL WEEK
stock had one more down week then rallied over
300% in MARCH 2016 highs !! That's because the Dilution
stopped from Mid Feb thru March and NTEK put out a
lot of good news during that time.
> 3rd week of MAY 2016 very close to RECORD VOL DOWN WEEK
stock rallied almost 100% one week later ! This rally was in spite
of everyone knowing the R/S was very close and more
dilution coming !
> 3rd week of JULY ALL TIME RECORD VOL WEEK right
as the R/S began and the stock still managed to rally 40%
the next week. BUT its important to note in this case
WE KNEW their was still more DILUTION to come so that's
why that rally was small and
we have been down these last 3 weeks since then.
The O/S has gone from 80M to 92M in just those 3 weeks !
I've figured all along they can STOP DILUTING somewhere
close to 100M as that level gives them enough to pay off the debt
and be FUNDED for GROWTH. So I'm figuring to end of
AUG and then the VOLUME + the character of the
intraday trading will be the giveaway signs
a Major Rally is coming.
BUT THIS COMING RALLY has the potential
to be even better than the MARCH 2016 rally because for
the first time in over 3 years NTEK will FINALLY have its
DEBT PAID OFF and be FULLY FUNDED to implement
its GROWTH PLANS!
4
