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Master_of_Fine_Charts
Apr 9, 2021 12:48 PM

NLST Long Swing Long

Netlist, Inc.OTC

Description

Looking to add between $1.69 and $1.92 for a long swing. I think NLST might fill the gap which would make this a good entry for a long position or a long swing. Several catalysts in the works.
Comments
smithstone75
Any update/Feedback after today's price action.
Master_of_Fine_Charts
@smithstone75, Hard to say. I think it needs to hold the 4.25-4.27 level to continue upwards. I think most of the price action lately has more to do with market makers and shorts than anything else.
smithstone75
@Weedkiller420, Thanks.
smithstone75
Hi, You called out about gap, What do you feel of gap now which is near around $2.65
Master_of_Fine_Charts
@smithstone75, I think currently the next support is 5.05, If that breaks I think it will test the 200MA which is close enough to $2.65 that it could happen. Im not thrilled about that. Seems like a whole lot of manipulation.
smithstone75
@Weedkiller420, Also a gap near $2.65. Foe buyer good entry point and for existing buyer good opportunity to add.

Also risk to reward is better for new entrant
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