The action in the last week is testament to the quality of the NTI register well done guys, its simply amazing so lets break this down.
5 x days of extremely low volume with a short stop at the 50% FIB line then back up.
Now hitting the very attractive 61.8% FIB in which i was lucky enough to pick up a small amount at.
ALL this has achieved nothing for anyone wanting a real package because the register is just to strong and so it should be.
The level of volume in the last 5 days above 38.5 is now 72% if that does not tell you the story i don't know what does frankly.
In conclusion what i call the post IPO distribution phase has now finished and we can now begin our journey.
Ill say it again the facts are....
1.XEC (small cap index) is now forming a nice bottom ready for 2017
2. News flow to start and accelerate here
3.Very undervalued on the locked in revenue model SP only being held back from IPO distribution (now done).
Don't give you shares away folks....
Cheers bonkers
NTI Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
