I am beyond annoyed by the rats on iSewer. Argh!
Post# of 1425
(Total Views: 301)
Posted On: 06/03/2021 4:31:45 PM
Re: Mugwumps88 #1329
I am beyond annoyed by the rats on iSewer. Argh!
I was looking at the chart at the end of today and it looks like we are really sitting on the cusp of the decision to break out. We have had 3 solid days of green that brought the closing price of 0.024 nicely above the 50 DMA. We also closed at the top of the Bollinger Band, having crossed over a bit today, and we are just below the 200 DMA or 0.025. We have not closed above the 200 DMA since the end of September when the supposed move to the QB was announced. Also worth noting that with today’s close the 20 DMA is just sitting on top of the 50 DMA trying to decide if to go North or South. The RSI is at 62 and still has some headroom before resistance begs a pullback.
If enthusiasm holds and good new comes as expected, we should see the 20 DMA cross the 50 DMA, a clear breakout on the Bollinger bands, and a close above the 200 DMA that will hopefully begin the process of getting the 50 DMA to golden cross over the 200 DMA later this summer. Either that, or we continue our slow decline. Tomorrow might see some profit taking by the flippers and bashers, although there is always the chance that some news leaks out to pull in some bulls. Everything is teed up for a Monday breakout or sell the news.
I’m holding mine.
I was looking at the chart at the end of today and it looks like we are really sitting on the cusp of the decision to break out. We have had 3 solid days of green that brought the closing price of 0.024 nicely above the 50 DMA. We also closed at the top of the Bollinger Band, having crossed over a bit today, and we are just below the 200 DMA or 0.025. We have not closed above the 200 DMA since the end of September when the supposed move to the QB was announced. Also worth noting that with today’s close the 20 DMA is just sitting on top of the 50 DMA trying to decide if to go North or South. The RSI is at 62 and still has some headroom before resistance begs a pullback.
If enthusiasm holds and good new comes as expected, we should see the 20 DMA cross the 50 DMA, a clear breakout on the Bollinger bands, and a close above the 200 DMA that will hopefully begin the process of getting the 50 DMA to golden cross over the 200 DMA later this summer. Either that, or we continue our slow decline. Tomorrow might see some profit taking by the flippers and bashers, although there is always the chance that some news leaks out to pull in some bulls. Everything is teed up for a Monday breakout or sell the news.
I’m holding mine.
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