NTWK is flagging and about to breakout higherNASDAQ:NTWK is flagging on high volume after positive earning. Long the break out of the flag pattern, anticipated price action and targets are shown on the chart, stop loss daily close below 4.3$.
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NTWK trade ideas
NetSol Technologies, Inc Breaks Vital resistance
Strong break above 200ma on daily while also breaking downtrend resistance
Indicators bullish.
Recent results strong
Very reasonable 11 P/E ratio
Company profile
NetSol Technologies, Inc. engages in the provision of information technology and enterprise software solutions. It also engages in licensing, customization, enhancement and maintenance of financial applications under the brand name NFS and NFS Ascent. The company was founded by Najeeb Ullah Ghauri, Salim Ghauri Ullah, and Naeem Ullah Ghauri on March 18, 1997 and is headquartered in Calabasas, CA.