Decending wedge breakout possible here for the bulls or bears... keep watching for rsi to diverge and break trend lines 1st... $42 area must hold or plummet occurs... spot is $54.00 that looks ripe and sweet or $42.00 which makes for queezy stomachs for holders.
Money Gram International should be on everyone's radar..... RSI Trend Line Bounce on 4 Hr chart.... OBV rising back up... Price action forming a Double bottom at $2.40........ get in and hold til' 2020..... I'm looking for $40-$60 real numbers by EOY 2020 here... DYOR people!
RSI BOUNCE OFF TREND LINES
OBV BOUNCE OFF TREND LINES
RISING WEDGE/PINCHER PLAY WITH .25 Downside and a WHOLE LOTTA UPSIDE POTENTIAL $3.50 plus IMO and will happen QUICKLY with XRP if it breaksout bullish to the NORTH of the downward trend lines with some force. WATCHOUT ripple could be the next 10 bagger .... in at .325 area last week here.... rather be early...
MSFT is following its bull up channel well and looks like the price action will continue its steady accent as this week was likely a reset for a growth week over the next two-three trading weeks ahead.
$MMM is your stock if you like rising pincher plays.... trend lines on price action shown in black on this chart... treding upwards and making higher highs and higher lows, but the 200 MA is looming of SO many stock within the DOW30 right now on these DAILY charts... if it is respected by the price action... the likely outcome will be prolonged stagnation moving...
Look at the trend-lines, they tell the story here!!!!
This is not a place to predict the future; this is a place to watch, see, analyze and be re-active in a pro-active manner. RSI and MACD Bullish Trend-line are still in-tact and so is the Price Trend-line so for now all things are in favor of the bulls...
I think .713 - .74 area, which is in the Triangle...
