Technical analysis on HMMROTC:HMMR
Bullish div on RSI. Bullish dragonfly doji candle with large volume yesterday. However, price still way below EMAs. Entry now could play out nicely however to play it super safe, enter when price closes above descending purple line.
Some chart info:
Moving averages are exponential. Indicator is by LazyBear called 8x MA with configurable lengths
Green: EMA 10
Skinny Red: EMA 20
Thicker Red: EMA 26
Orange: EMA 50
Light Blue: EMA 100
Dark Blue: EMA 200
Skinny Black: EMA 250
Skinny Purple: EMA 300
Bottom indicators are:
RSI (14, CLOSE)
Stoch RSI (3,3,14,25, CLOSE)
Stoch (5,3,3)
ADX and DI (14,20)
