Picon/OTC- Looking at the daily charts, I can s
Post# of 56323
Posted On: 09/30/2014 10:28:13 AM
Picon/OTC-
Looking at the daily charts, I can see that the RSI at the lowest point in 4 1/2 months at ~30 and the RMI is at it's lowest in 12months at 12.2. When I look at the CMF though, it shows a nearly positive figure for the entire time since 9/10.
The MM's have tested to .04 to .043 range various times over the last 6 months and it seems like this is a solid support.
With the status of the technical figures above, do you see a hard bounce in the immediate future?
Regards,
-kbulldog.
Looking at the daily charts, I can see that the RSI at the lowest point in 4 1/2 months at ~30 and the RMI is at it's lowest in 12months at 12.2. When I look at the CMF though, it shows a nearly positive figure for the entire time since 9/10.
The MM's have tested to .04 to .043 range various times over the last 6 months and it seems like this is a solid support.
With the status of the technical figures above, do you see a hard bounce in the immediate future?
Regards,
-kbulldog.
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