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Xdsl.0b Nano BreakthroughXdsl.0b Nano Breakthrough
supervano said: "[B]Highlights from SmallTimes Article:[/B]
Now that we’ve demonstrated the battery working our business development team is actively pursuing prospective military and government customers interested in sensor applications. The upside of the nanobattery for sensors was validated by two independent sources: an analysis by NanoMarkets forecast the global nanosensors market as growing from a modest $185 million in 2005, to $2.7 billion in 2008 and reaching $17.2 billion by 2012. Similarly, Small Times, a nanotechnology industry publication, in a report headlined, "For Sale: Sensor, runs well, microbatteries not included," drew attention to the problem, highlighting the benefits of the mPhase nanobattery as a solution for powering remote sensing devices. (Read the article at [url]http://www.mphasetech.com/smalltimesreport.pdf[/url] ).
[url]www.mphasetech.com[/url]"
Yoshimi said: "when do you think the stock will start to go up, because the past few days it has gone down."
supervano said: "Yoshimi,
This stock goes up every time there is a press release. They've been putting out press releases for this stock, just about every week now, and with this, there is a certain bounce, especially with anything regarding the nanograss battery. I'm a long term investor hoping for large gains. The cup and handle patterns looks good and if the theory holds true, there should be a breakout in the not-too-distant-future.
CUP AND HANDLE:
A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume. It can be as short as seven weeks and as long as 65 weeks.
As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off.
http://stockcharts.com/candleglance/?XDSL|D"