NW Tech Capital, Inc. (NWTT)

[ASP401]

Technically, IMHO, today's trading did not provide additional insight into future trend. Especially, in an uptrend period, breaking major resistance, yet falling back on "high volume" depicts an unknown trend certainty.

Stocks trade by fibonnaci ranges, and this is holding well to those limits. Intra-day, NWTT broke thru its major resistance of 0.001, only to be drawn back late afternoon to its first major support of 0.0007. This is the key level that should hold. If not the SMA50 and SMA200 levels become next support areas.

ADX has been making higher highs in the past months, confirming strength of current uptrend. The next high in the Wilder schema will determine and drive this trend.

CMF is trying to reach above 0.2 levels for bullish accumulation. The past lows in the CMF have been increasing (on +ve side). Another bullish indicator.

RSI just below 50. This should go above 50 consistently to confirm strength of uptrend. Fast stochs should hit >80 levels for few days in row to close near highs of past moving range.

All IMHO..