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born2daytrade

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born2daytrade

Re: LizardGirl24 post# 36540

Thursday, 03/28/2013 8:48:51 AM

Thursday, March 28, 2013 8:48:51 AM

Post# of 47295
I'm obviously not LT but here are my thoughts. Descending triangle with decreasing volume. No darkside support. Retail is losing interest. If it breaks .0125 it will fall hard and fast finding a home in the subs. Turn off log scale and shorten the time frame of the chart to three months to see the true picture.

http://stockcharts.com/h-sc/ui?s=NTEK&p=D&yr=0&mn=3&dy=0&id=p17445418653

If you are in I would get out at if .0125 fails and let it settle. Good luck.

From a more optimistic approach if it breaks the downtrend and passes 1st resistance at .019 it might have a chance.
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