Posted On: 10/23/2016 4:53:51 PM
Post# of 75059
Bullish technical, with the price closing above the 200 dma which is at .0387. The 50 day sits at .0332 and we have stayed above that since Oct 11th big rally day.
The one caveat might be that the volume (~2.17 mil) was not very big Friday to give it a real convicted move. MACD has swing to the accumulation side, again since Oct 11th. Very encouraging!
Will be watching the volume with this possible bullish trend.
All the best to us longs!
The one caveat might be that the volume (~2.17 mil) was not very big Friday to give it a real convicted move. MACD has swing to the accumulation side, again since Oct 11th. Very encouraging!
Will be watching the volume with this possible bullish trend.
All the best to us longs!
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