NetSol International Inc. (NTWK)

[sbc357]

Yep, that's what I have been seeing, with a descending neckline sitting at around $1.97 right now.
This is what makes me want to hold this stock long, but I just have such a hard time trusting the Executives who run this company and the decisions they make. (If you have been reading the Yahoo board, you see how far out my suspicions have gotten, but I really believe they would do it if they can find a legal way to do it)
On the other hand, a breakout of an inverted head and shoulder would produce some VERY NICE profits.
So, yes, I see both sides of the fence on this one and it is a daily decision almost for me to decide to buy, hold or sell.

Fundamentals have improved greatly, chart is setting up nicely, trend is for the fundamentals to turn a corner to the plus side, but their history has been to ALWAYS UNDERCUT the US-invested shareholder.
Retiredat42yrs offers excellent counterpoints to my suspicions, and he may have me convinced to hold for a short while. But then you have this HORRENDOUS political situation brewing where the US is now considering the possibility of sending troops into the borders of Pakistan - how will that increase our risk???????I'm always quite perplexed and anxious with this company.

Good luck!!!! whatever you decide to do. I'll probably buy a couple thousand shares this week and hold if I see a convincing buy signal. Hold that is, until the next sell signal, LOL - I know, I am very jittery with holding these shares.