WEEK OF May 12, 2014 represents the LOWEST historic VOLUME for NTEK since emerging from R&D in Jan 2013: The volume for THAT WEEK?
7,361,593
Past 4 days NTEK has: ~4.25mm volume.
THEREFORE: Either NTEK does 3mm+ in VOLUME tomorrow, or this week will represent a NEW HISTORIC LOW!!! That is a VERY GOOD SIGN: Don't be fooled by IGNORANCE claiming otherwise!! :-D
CHART INTERPRETATION REMINDER: (from yesterdays discussion on the matter) IF NTEK does not do 3mm+ in VOLUME today, it will remain the LOWEST VOLUME WEEK in the HISTORY of the stock since NTEK emerged from R&D in Jan 2013.
Considering the pattern, that is PRECISELY what a chartist, tech analyst, &/or trader is looking to find: CONFIRMATION!!!!
In simplistic terms: The stock MUST BE thought to be at a bottom since the low-volume at this pps does NOT support any further pps erosion. Looks like the cheapies are nearing an end.