Posted On: 08/09/2013 10:47:17 AM
Post# of 5066
On a technical note. Its riding the 50ma up and that's about to cross the 10, 20, and 100. The 200MA is still the big resistance at .0036 which is also where the upper bollinger band is.
It tested the trend line twice last week and also the lower bollinger band and held nicely to climb back above the 50MA and is now riding that up.
The ADX is moving back towards 20 and should cross to confirm upward movement. The RSI just crossed 50. I just hope the PSAR can flip today. And the MACD is about to cross.
There a lot of technical indicators pointing towards a massive upwards movement.
It tested the trend line twice last week and also the lower bollinger band and held nicely to climb back above the 50MA and is now riding that up.
The ADX is moving back towards 20 and should cross to confirm upward movement. The RSI just crossed 50. I just hope the PSAR can flip today. And the MACD is about to cross.
There a lot of technical indicators pointing towards a massive upwards movement.
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