after breaking its long term downtrend that lasted over a year, it clearly hit support at 6.40 and then it 8.55 with high volume
creating the cup and handle
formation. The 200ma was acting as resistance multiple time till being broken 09/30 on high volume
and the 50ma is now acting as support. The handle can be shown as a lowering wedge
which was broken out of with high volume
. The companies that this fund consists of all have interesting concepts and minor successes could bring this stock up after not doing so well after quite some time. I bought at 7.92 and looking for a movement to 9.00.