NanoTech Entertainment Inc (NTEK)

[KingErik999]

Technically, we're at a critical point. The weekly here is setting up for a significant move but we'll need to see this candle in the green by Friday's close. We have our ascending triangle on many time frames, try it out on the 15 min, 30 min, 60 min, daily, & weekly charts. Actually, we could take till next week to break away from these prices, the range from .105 to .145. There's still room for prices to "come to the point" in 3-4 days. As long as the closing prices are above the ascending line, which we did today, Thursday.

This week is key as we have some major events about to unfold w/ CES coming to a close. I'm sure NTEK will have what's needed to get the PPS moving up again as well as pure technical reasons. If the MM's see their efforts to get this lower isn't working, and it really isn't, then back up we go. Shorts will HAVE to cover, new investors will be buying and probably already are as NTEK's exposure has just had a "Tech Injection" this last week at CES, and old short term traders will help fuel the next run. Once we see .145 w/ volume, especially w/ news, we're going to see .18's taken out w/ ease. Next leg will be seen very soon.

BB's coming together on the daily and basically we're right in the middle. Top BB is right where we need to see this trading at .145 within days. There's WAY too much going on for people to even think of getting out now. Even the short term traders know they're in for at least .05 to .08 - and I think we're ready for that to begin.

daily

GL

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