Using a simple 3 year chart:
> NTC is still in a clear downtrend
> Also bouncing off very strong long term support
> Coming to the pointy end of a descending triangle so from here you might expect either of the two following outcomes and a strong move:
1. The stock continues down and breaks through support which would be quite bearish and hard to predict a target price - capitulation
2. Rebound upwards and break the down-trend... in which case the first target would be about $2.00 (long term resistance / support level)... and the start of a potential new uptrend
NTC Price at posting:
$1.37 Sentiment: Buy Disclosure: Held