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Our New Thursday Play Is…
NanoTech Entertainment, Inc. (symbol: NTEK)
Hello Traders,
The convergence of technology with the entertainment industry has created a massive opportunity for investors and our latest pick is a prime example of what’s possible over the short term.
NTEK is a technology company that focuses on the entertainment industry. The company makes products that deliver a powerful user experience across various platforms – think mobile, TV and communications.
NTEK has just landed a licensing deal with A&E Networks. Basically A&E will be leveraging NTEK’s stunning 4K streaming capabilities. This has created a swell of interest in NTEK and at current valuation the company has tremendous upside potential.
The latest deal with A&E joins a slew of other deals announced earlier in the summer. In August NTEK signed a similar deal with paramount pictures.
NTEK also kicked off a live 4K video series at the new stadium of the San Francisco 49ers.
We believe that the strong news coupled with the very bullish technical setup makes NTEK a very short term trading opportunity.
Entry is less than a penny so make your move early.
Check Out These 5 Key Short Term Technicals
1. NTEK is trading just below its 50 DMA of .010 which presents short term upside opportunity of 25%
2. NTEK has a RSI of 42 – this puts it in oversold territory and presents good bounce potential from current levels.
3. NTEK is experiencing rising daily volatility and traders have lots of entry/exit opportunities at current volume levels.
4. NTEK opened at .007 and rallied to a high of .0108 on October 22. This delivered intraday gains of 36%.
5. NTEK is bracing against its second resistance point of .0088. The strong news could be the tipping point.
Company Website: https://ntek.com/
US Will Continue To Dominate Global Market for Media & Entertainment
Services like Netflix and Hulu will help keep the U.S. as the biggest entertainment market in the world for the foreseeable future, says PricewaterhouseCoopers.
Despite headlines extolling the booming entertainment and media markets of China, Brazil, India and other parts of the world, the U.S. will continue to dominate for years to come, according to PricewaterhouseCoopers, which released portions of its 2013-2017 Global Entertainment and Media Outlook.
The U.S. entertainment and media market generated $479.23 billion in 2012, representing 29.2% of the worldwide revenue of nearly $1.639 trillion. In 2017, the U.S. is expected to account for $632.09 billion, or 29.4% of the worldwide total of more than $2.152 trillion, according to the report.
Lands Lifetime and History Channel Licensing Deal with A&E Networks
Top 2015 TV Series Sons of Liberty, Unreal, The Secret Life of Marylyn Monroe and Award Winning TV Movie, Whitney, coming to UltraFlix in 4K this fall
NTEK landed a huge deal in August when it signed a licensing deal with Paramount Pictures. The company has done it again and recently announced a licensing deal with the popular A&E Networks.
The deal will offer UltraFlix users three top 2015 TV Series and an Lifetime original movie in stunning 4K. Starting this fall, the award-wining UltraFlix network will begin streaming History Channels Award Winning Sons of Liberty, Lifetime’s Critics Choice for The Most Exciting New Series of 2015, Unreal, the highly acclaimed mini-series, The Secret Life of Marilyn Monroe and a Lifetime Original Award Winning Movie, Whitney. This exciting agreement will nicely compliment the ever growing 4K library of top Hollywood movies, further establishing UltraFlix as the leading provider of the best quality content of any streaming network.
Nanotech’s 4K Studios (Hollywood, San Francisco) were evaluated and chosen to create the 4K master files for A&E, starting with the titles announced with this agreement. 4K studios 4K film scanning, color correction, noise filtering and patent pending fractal up-scaling processes have been utilized in the re-mastering of dozens of stunning 4K movies, documentaries, concerts and now, award winning TV series from A&E Networks. 4K Studios completes the 4K file mastering process with their home-brewed superior quality video encoding workflow, which is highly scalable and programmable within a variety of cost effective cloud computing engines.
Start your research on NTEK now.
Able Trader
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