NTEK made a bullish move on 05-05-2017 bouncing off of the 30sma at .0406 with heavy volume closing at .0480 above the 20sma which is at .0474 on a heavy volume day of 1 million shares traded. Current resistance levels 0.0480/0.0528/.06 and Support levels .0410/.0340/.0290. With a break of .0528 would be a breakout here.
NTEK is closing in on 2 key support areas 0.0400 & 0.0360. Both the MACD and RSI (5) is showing low levels. NTEK broke trough the minor support at 0.0500, so on any upwards move, thats the first battleground for the bulls. PT is the 61.8% FIB 0.0900
Bullish outlook. Key resistances to look for (in order): .06 (black line), .0615 (top BB), and .0876 (200 SMA) Rising RSI, MACD curling north. MFI and ADL moving up equaling accumulation taking place with more money flowing into the stock. Volume rising the last 2 trading days.