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Master_of_Fine_Charts
Jul 11, 2022 8:42 PM

NLST Rally Long

Netlist, Inc.OTC

Description

Recently (6/25) we saw the price test 2.58 which was last year's high before making a 5x run.

Since testing that level we have seen 6 consecutive green days and a close above the .5 fib level, with above average volume. In addition price closed above the weekly uptrend line.

This appears to be setting up for a potentially massive continuation rally which is likely to reach last year's highs in the 10s.

First target: 5.11, 6.64, 10.20

Price over 10.20 will be dependent on case settlements
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