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Alias Born 09/25/2013

Re: None

Wednesday, 09/25/2013 4:47:03 PM

Wednesday, September 25, 2013 4:47:03 PM

Post# of 380516
I am long NTEK, and have been for months with an average of around .06, despite being new to posting. I believe in the fundamentals of this company, and I think it is undervalued. However, from a technical perspective is anyone concerned by what appears possibly to be a rising wedge reversal pattern forming?

When we broke the resistance around .095, it seems that we should have been testing .12s instead of have spinning tops between .10-.11, then going back down and thus continuing to form a rising wedge.