Netlist going to a range of 1.65 - 1.75 in 20 days???
for all you technical trader junkies (which i am not), i just peeped some news in my broker's dashboard from june 25, that Recognia Investment Research "detected" a "bottom triangle" chart pattern formed on Netlist. their words are, "the price may rise from the close of 1.16 to the range of 1.65 - 1.75. they also say "the pattern formed over 20 days which is roughly the period of time in which the target price range may be achieved."
I just reviewed the charts from Recognia and the data is not solid but still a hypothetical situation. It gives us hopeful thinking, but its still based on "what-if's". Clearly though the last 2 days have looked encouraging, and we all know "its due".
granted, we still need some news of some sort to ignite this powder keg... Netlist's real value is hidden ... i still think $20 is not that unrealistic 'if' they can execute on their patents and sales. go blake! go mitch!