Is Notion VTec technically ripe for a rebound?

The TD Sequential trend exhaustion count seems to indicate that the turning point is near/here & the weekly chart shows that the price has resistance-turned-support at its 2007 / 2017 / 2020 peaks.

Take note that there is no adverse news regarding the co. thus far & this flash analysis does not preclude further drops to the 51.5c to 58.5c support band which will likely take place next year or sooner after the aforementioned rebound to a target of 99.5c followed by $1.19 with a 45% probability! 

There is some suspected hanky panky with the free warrants issued recently & also the millions of ESOS shares issued at much lower than current prices, as is typical of 3rd world Malaysian syndicate shenanigans, engineering the spectacular rise from the 40c range to above $2.40 to enable warrant holders to convert &  together with employees, unload millions of shares for a profit!

*** Disclaimer : This is not intended as a recommendation to buy or sell. Any action taken is the full responsibility of the reader & we are not liable for any loss arising therefrom.

 

Bonus: Giant pennant in Sa Sa: