Looking good for today on 30M charts - JMA14 crossed up on EMA20 and SMA50; EMA20 should quickly crossover on SMA50 this morning. SMA50 stopped turning downward and ready to curve up.
Additionally, TTM squeeze has been on since Wednesaday afternoon and is primed to fire with positive momentum. Both A and C Waves are above the zero line on the 30M chart.
Sellers are drying up in this price range. Obviously, needs a lot more volume to make a big run and right now everyone seems to be waiting on the sidelines. Dennis Lacey could fart and this thing would pop to 0.60. This consolidation phase is almost over.
Full disclosure: there’s an unfilled gap from 0.47-0.48.
Additionally, TTM squeeze has been on since Wednesaday afternoon and is primed to fire with positive momentum. Both A and C Waves are above the zero line on the 30M chart.
Sellers are drying up in this price range. Obviously, needs a lot more volume to make a big run and right now everyone seems to be waiting on the sidelines. Dennis Lacey could fart and this thing would pop to 0.60. This consolidation phase is almost over.
Full disclosure: there’s an unfilled gap from 0.47-0.48.