NetSol International Inc. (NTWK)

[sbc357]

CMF has dried up quite drastically and has gone negative - an indicator that it will likely be a while before any more positive activity occurs in this stock. Likely to continue dropping instead.

CCI has bottomed out just a bit below -100. I would not consider re-entry into this until the CCI crossed over the zero line with a strong angle (say 30 degrees or better) to the upside. Historically, it could be a couple of months before any real interest is generated in this stock again.

It is likely that the price will continue to drop until it is resting on the lower Bollie at about .015 and may ride that for a few trading periods prior to any uptrend back towards midline or tightening of the band widths. Could break through the lower Bollie and have the PPS continue with a major downtrend. Will need to wait until get some tightening before there would be any appropriate anticipation of a price movement and this movement could go either direction (more likely down at this point in time).