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The Buzz is Growing With …
NanoTech Entertainment, Inc. (symbol: NTEK)
Good Morning Traders,
Did you hear that? That would be the buzz we created when we alerted our members to NTEK last night.
NTEK is on the cusp of breaking out past .01 today. The company is making good progress and has signed very good licensing deals in recent weeks.
We are in the middle of the perfect storm and we couldn't be happier.
Get ready to rock!
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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