5 THINGS TO NOTE
1. It's now above MA(20), which means it broke into the upper Bollinger Bands. This is an indication of good recovery and we can see further move up.
2. MACD is positive.
3. We're seeing a little bit of resistance in RSI 50. If we break above the green line, we'll be even surer that we're in bullish territory.
4. We're also facing resistance from MA(50).
5. If we see a break in these resistance today, we'll be moving towards $1.50.
1. It's now above MA(20), which means it broke into the upper Bollinger Bands. This is an indication of good recovery and we can see further move up.
2. MACD is positive.
3. We're seeing a little bit of resistance in RSI 50. If we break above the green line, we'll be even surer that we're in bullish territory.
4. We're also facing resistance from MA(50).
5. If we see a break in these resistance today, we'll be moving towards $1.50.