Netlist is a hard long to hold but and easy one to scalp on occasion. I feel like we can run back up to $1.75 and then some. Will we get to $10? Well that will depend on all the lawsuits going forward this spring. Not financial advice, DYOR.
We filled nearly every gap on NLST and we are looking quite bullish. I think if we break the wedge formation we can run to the upper fib level which is also the previous high. Not financial advice, DYOR.
From a neutral TA perspective, we seem to be ignoring Daily gaps. How we interact at the $4 level will tell us what to expect. If we reject, we could retrace before the Samsung trial and gap fill all the way down. But if we hold above $4 we could just run straight to $5.10 . I am waiting to see how tomorrow interacts, but to be fair I have been long since $1.80....
I sold my NLST around 3.83- 3.90 and I have been reaccumulating under a speculative bounce. I think we have enough buyers coming in to consider this a good trade. I think we can possibly retest those previous highs before April. Not financial advice, DYOR
Netlist has been tearing it up lately! Perhaps it's the normal buy the news type run up we would expect leading into court dates? We have been squeezing the shorts on the way up, let's squeeze them some more. Not financial advice, DYOR.
The case is currently set for a pretrial conference on March 27, 2023, with the jury trial beginning on May 1, 2023. Jayson...
