Why? MACD - Looks poised to make a northward turn, albeit a possible gradual turn EFI - This indicator is actually showing a downtrend above 0, momentum is slowing (not good for my prospects lol) Volume - Supports EFI in that there is much consolidation going on, and to me, that indicates an agreement on price in the $0.36/$0.37 price range Candlestick Group - Indicates to me a possible double bottom forming, getting poised to make a one day run north RSI - Oversold territory, and this low float stock does not need much to make it rocket in a day
That being said, I'm in with my limit sells ready to go and cash in profits.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts on charting, what i'm seeing and if I am making the right moves. Seek a professional trader/broker for all your trading needs.
Trade closed: target reached
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Took some patience but more than reached my targets!!! Sold all positions!!