Netlist, Inc.Long
NLST $3.71 Target
NLST has continued to rally since the the break out on 2/13,
The RSI spiked at 85 before retreating out of oversold territory and closing just over 70. This is very bullish.
Price closed above the 2.61 Fibonacci level on higher than average volume after testing the prior gap at $2.55
Price will likely find support at $2.55 and currently appears likely to make a bull flag/pennant pattern.
Short term target $3.71
The RSI spiked at 85 before retreating out of oversold territory and closing just over 70. This is very bullish.
Price closed above the 2.61 Fibonacci level on higher than average volume after testing the prior gap at $2.55
Price will likely find support at $2.55 and currently appears likely to make a bull flag/pennant pattern.
Short term target $3.71
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