Chart is looking bullish. Today finished at the high of the day and buy pressure has been increasing.
Key resistances: .0288, and the .0390-.04 region where the Moving averages and past day highs have met.
Increasing RSI MFI and ADL.
MACD could start curling northward.
Very bullish chart with higher lows and higher highs. Multiple bull flags created. Green arrow showing the latest higher low in the newest bull flag. Rising RSI with Crossed MACD that is also rising. CSCE also tends to find support at the 50DMA. Next high test comes around the mid .0120s. All IMO, GLTA, -WhaleX
Chart outlook: Bullish
RSI is heading northward yet still very cool with plenty of room to run before oversold territory. MACD is steadily heading north towards the Zero line. Accumulation is up and so is the MFI, both with room to run.
Key resistances: .0024 (Black line drawn on chart. This is the key break imo, flippers have been prevalent here. Once we clear...
Oversold.
Great time to add to a position or take a starter for the short time these levels are likely to last.
Evidence of oversold: Current price is 1 tick below the bollinger band, -204 on CCI, RSI hovering right over 30, and we are essentially at the lowest point since late February.
Bullish reversal signs: A/D is still high and in an overall rising trend....
Bullish outlook.
Key resistances to look for (in order): .06 (black line), .0615 (top BB), and .0876 (200 SMA)
Rising RSI, MACD curling north.
MFI and ADL moving up equaling accumulation taking place with more money flowing into the stock.
Volume rising the last 2 trading days.
Friday saw a strong bounce of the 200SMA, confirming it as a strong level of support at .0055. Price is making higher highs, higher lows as evident by the green support line and red resistance line (current and previous all time pps high). Curling Macd northward and on the verge of crossing the zero line showing a bullish reversal. Rising MFI and RSI further...
