NETE has played nicely down to my support line $6.36 and a nice one day bull move with supporting volume.
Does this mean that this stock will begin running north? My belief is that it is ready after consecutive bear moves, finding its floor.
I expect NETE to move north to $7.96....why $7.96? because that price point supports the $4.30 bull candle/plateau.
I...
A nice flag setup 1/10 to 1/17 allowed this major bull move up and over the RSI Indicator past 70. Now it needs to retest and confirm its bull pricing. It may take several days to get to $5.83ish, as that is my solid support line in green. Alternatively, it may open sitting on top of trending resistance, thus making it a new support line and make another run. But...
