This post first appeared on Micro Cap Daily

Netlist, Inc. (OTCQX: NLST) stock price is starting to grow again, as many were predicting recently. The predictions of the stock price growth came after studying the NLST price behavior, which allowed analysts to notice a curious pattern — one which leads the price up, to a resistance level at $0.7, only to see it diminish over time, and reach the bottom at $0.35.

This pattern originally started in September 2018, and the stock price repeated it three times by now. If the pattern holds, the new growth will be the fourth time that the price repeats this cycle, meaning that right now is the best time to invest, as significant profits are coming to those who do. However, if the price were to break the pattern now — the growth might continue well beyond $0.7, and potentially even lead the price up to $1.1, which is the highest it had reached in the past 12 months.

What you need to know about Netlist, Inc.

Netlist, Inc. is a company that provides high-performance SSDs, as well as modular memory subsystems. The company has clients among numerous enterprises, belonging to many diverse industries.

It offers multiple high-quality products, although its flagship offerings include NVvault and EXPRESSvault, which allow data acceleration in customers’ services and storages. Further, the two products also protect enterprise-level cache, log data, as well as metadata. As you can imagine, this can be extremely useful in case of a power outage, system failure, and alike.

Additionally, Netlist also offers HybriDIMM, its next-gen storage class memory product. The product comes as a response to a growing need for real-time analytics in advanced data storage solutions, Big Data applications, high-performance computing, memory databases, and alike. Finally, Netlist also provides legacy and specialty memory products, which are very useful to the appliance, storage, datacenter, and cloud customers.

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Netlist’s volatile 2018 and 2019

Netlist has been serving its customers for quite some time now, but the company saw real exposure after getting listed on OTCQX back in September. This, in combination with the announcement of $10 million registered offering sent its price to the moon, and the company’s stock reached $1.1 within days.

Unfortunately, after the hype blew over, the price dropped just as quickly and started following the previously described pattern to this day. But, the company kept doing what it does best, and it made some significant moves in the meantime.

For example, it appointed Chuck Hausman as its Chief Licensing Officer, and it entered a co-marketing partnership with Nyriad. It also delivered the high-performance tech to the SuperComputing 2018 community. Another unfortunate development came as the company entered into a legal issue with another firm, SK hynix, regarding some of its patents.

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However, after involving the authorities, it turned out that SK hynix was the one at fault. Regardless, Netlist remained involved, which led many to believe that investing in the company might be a risky venture, which couldn’t be further from the truth. The firm is a perfectly good investment right now, and with its stock price once again seeing growth — profits appear to be underway for all of the company’s shareholders. We will be updating on Netlist when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with Netlist.

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Disclosure: we hold no position in Netlist either long or short and we have not been compensated for this article.

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This post first appeared on Micro Cap Daily

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