JNUG Setting up for a Move Up?
Currently indicators such as EIS , PSO , BB Impulse, (see indicators underneath price chart) indicate downward price momentum. However, there are some indications that some of the indicators could reverse.
Should the Premier Oscillator turn up accompanied with a crossover in then, given past history, we could see a move from the bottom of the to the top (or slightly above) of it. This could represent something along the lines of a $10-$11 move on a stock that is well under $30 at present.