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Re: None

Thursday, 08/05/2010 11:14:25 AM

Thursday, August 05, 2010 11:14:25 AM

Post# of 48943
NWTT chart.

daily: http://picasaweb.google.com/lh/photo/N4l-iepQblfz1PoBYNGMpw22gT1jL7MZxPG1A2D2xS0?feat=directlink

60m: http://picasaweb.google.com/lh/photo/M-OQSbR4WoT3wKy5wcdeXg22gT1jL7MZxPG1A2D2xS0?feat=directlink

It tested 11 twice, the first one broke up it nice. the second one touched it and came down, but notice 11 hit last week was higher high of 9 which was the high after bouncing. Today might be the dip for higher low.

higher high/low formation:

9 -> 11 resistance
3 -> 5 support (3 hit was just 270k shares. Most of sellings were done in 4. So if we 3 is ignored, 4->6 is higher low formation)