Weedkiller420

NLST Consolidating

Long
OTC:NLST   Netlist, Inc
NLST has been consolidating for the last week or so between 2.04 and 2.21. I am reasonably confident that $2. 05 is a support level . With and RSI of 50 and the MACD rising I think this could be a good spot to add to a long position.

A break of 2.21 will be necessary to confirm an uptrend. Long term position for me and I will add at 2. 05 and above 2.21.

Short term target 2.95