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Monday, July 07, 2014 4:30:52 PM
6/17/14 was the day the down trend flipped and the new up trend started. 10 & 20 day MA are pointing upward and the 50 day MA just started upward as well. The 50 day MA had flattened out the last week in June and now has a little curl upward. We'll see NTEK trading at the 200 day MA this or next week and then .12 will hold us up for a day or so. Small resistance at .135 and .15 after that.
I say, when it's time to breach .178 it'll be a .03 to .05 move.
7 areas of resistance. Some will be minor and the others will need a catalyst to make the break. This year will be a test of blue sky territory. Who knows, maybe even this summer.
NTEK is cruising in high gear. They will make another giant leap when least expected. NTEK, UltraFlix, & the NP-1 will be the talk of 2014.........on.
GL
E
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