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NASDAQ DIP and RIP
Posted On: 03/28/2016 2:50:00 PM
Post# of 23074
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Posted By: Jack30
Re: fitzkarz #9699
$SUNE - Technical:
1. We just bounced off 15 years low
2. Stochastics chart shows this stock is extremely oversold and starting to turn around
3. Momentum is also starting to turn positive
4. Money flow index is in the middle, but turning up to go higher. So, more people are starting to buy than sell
5. Looking at the Bollinger Bands (20,2) for 1 month: We crossed the lower band and now we are heading to the middle band around $1.80 next couple of days and once we pass that, we could be heading to $2.50

This stock is oversold, so if there is a news, we could move higher much faster than anticipated.

GLTA shareholders. SUNE is at $1.32 now

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