Replies to post #5124 on Net Element, Inc. (NETE)

[CT_StockMouse]

Looks like it

[james_west_1965]

Caught this late.

I would have thought closing >0.90 and <0.92. The question now is how will the market respond to NETE today? Yesterday's volume was "light" with 2M traded but the stock still went up after languishing in the low 0.8s.

Perhaps this table sheds some light on things,

Date	Open	High	Low	Close*	Adj Close**	Volume 
 Oct 02, 2017	0.88	0.93	0.80	0.90	0.90	2,487,600 
 Sep 29, 2017	0.84	1.00	0.72	0.85	0.85	5,848,600 
 Sep 28, 2017	1.00	1.01	0.78	0.80	0.80	3,460,100 
 Sep 27, 2017	0.91	1.10	0.84	1.00	1.00	12,352,900 
 Sep 26, 2017	0.60	0.94	0.60	0.86	0.86	13,456,500 
 Sep 25, 2017	0.70	0.70	0.56	0.60	0.60	3,367,300 
 Sep 22, 2017	0.52	0.76	0.50	0.72	0.72	6,804,900 
 Sep 21, 2017	0.55	0.55	0.48	0.50	0.50	643,900 
 Sep 20, 2017	0.62	0.62	0.52	0.56	0.56	1,030,500 
 Sep 19, 2017	0.72	0.72	0.55	0.58	0.58	2,633,100 
 Sep 18, 2017	0.55	0.81	0.55	0.63	0.63	8,701,900

Sept 25 showed the volume cut in half from the previous day but the next day the volume more than quadrupled and the price went from 0.6 to 0.86. Yesterday's volume took a near similar pattern with it more than cut in half from the previous day but the price yesterday went up 6.5%. Because the trend/sentiment is UP for NETE since Sept 13, I believe we could see increased volume and more significant price movement today. That is why I am still in. $1.10 is the price to break through. If that happens, blue skies ahead.

James