Patriot Scientific Corp. (OTC: PTSC) shares are about to test the 50 day moving average at $.59. On a breakout of that price level, the stock could see next resistance of $.65. Volume is increasing as traders jump on the stock in anticipation of moving above $.59. In recent overlooked news, the company reported net income of $4,108,275, or $.01 per share, for the first six months, continuing to reap the technology licensing revenue through its joint venture with the TPL Group, bought back shares and also reached a settlement in principle between Patriot and a co-inventor of its patented technology.