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Traders,
We've had two major 50%+ back to back winners in the past week , now its time for three in a row and see a fitting end to the Santa Clause rally.
And we've got a perfect looking chart to play.
Neah Power Systems (NPWZ) is trading at around $0.002. It has been beaten down in a big way over recent months, and this "former runner" is primed to bounce hard.
Just a few weeks ago NPWZ ran from current levels to over $0.0035 for a 75%+ gain in just a few days. Before that it ran for a 50% gain in 2 days in September.
NPWZ has a history of making some big gains and we think this oversold, beaten down chart gives us a good entry before another run higher.
With an RSI of 40, NPWZ is technically oversold and we think a bounce back to its 50 day moving average of $0.0024 is all but certain, and we hope for a move back to its 200 day moving average of $0.0046 - that would be a 130%+ winner.
Neah Power Systems, Inc. (NPWZ) is a developer of innovative, long-lasting, efficient and safe power solutions for the military, transportation, and portable electronics applications. Neah uses a unique, patented and award winning, silicon-based design for its Powerchip(R) technology that enable higher power densities, air and non-air operation, lower cost and compact form-factors. Neah uses patent pending low cost, differentiated technology for its BuzzBar™ and BuzzCell™ micro fuel cells for its consumer oriented products.
Most recently, Neah Power Systems was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What's New Popular Science Award.
In addition, NPWZ develops unique and disruptive new technologies for growing world-wide opportunities including the Military, First Responders, Logistics and Consumer Electronic and Mobile markets.
Neah Power's Patented PowerChip Technology
At the heart of many of Neah Power’s products is the PowerChip—a dynamic new patented energy technology. Neah Power develops products utilizing the PowerChip for military, government and corporate clients, to exacting specifications that solve specific power requirements and integrate into custom applications. Neah’s PowerChip technology is a viable source of reliable energy across diverse industries. Contact us for more information.
NPWZ recently updated shareholders on major developments within the company, you can read this here and here,
You can learn more about NPWZ on their website http://neahpower.com/
We think NPWZ is setup perfectly for a big move higher from current levels. We urge you to do your research and be ready to trade at the opening bell.
We'll be back in the morning with more information and a further update on NPWZ.
Until then, have a great evening.
ShiznitStocks.com
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