CoryKlein

CoryKlein

A spike in price yesterday broke through the long-term resistance lines on the logarithmic charts. This may indicate a trend reversal.

CoryKlein

The current 4-month long downtrend is a correction to long-term support channels from late 2013 and from 2012. These channels begin to intersect the current established trends as follows: 3 weeks: current resistance meets 2013 upper support lines 4.7 weeks: current resistance meets 2013 lower support lines 10 weeks: current trend mid-line meets 2012 support...