Re-Evaluated Falling Wedge, still Bullish
I reevaluated the falling wedge and it occurred to me. This was was a failed wedge that created a new falling wedge ( Note Dark Gray lines vs. White lines).
Here are my latest notes:
-The Last 2 days have show a strong support around $ 0.77 which is also the 50 day MA.
-Stochastic: Showing a strong Divergence as well as being oversold.
-On Balance Volume: Still trending upward and holding its positive volume through the last couple weeks price decrease ( Serious bullish signal).
-This may not cure the Coronavirus, but HELLO it could Cure CANCER!!! Last time I checked People hated cancer more than the Coronavirus( Sorry for the rant)
We are still need a catalyst (News!!!!), But patience is a rough thing for most ( I mean hell I have ADHD, but I haven't left yet).
Holding strong, Bullish as F**K, and Remember BUY BUY BUY!!!
If you like my analysis follow me! If you have an opinion, Please let me know!! Multiple Opinions are better than one!
I may not always be right but even when I am wrong I do it with Style!
Here are my latest notes:
-The Last 2 days have show a strong support around $ 0.77 which is also the 50 day MA.
-Stochastic: Showing a strong Divergence as well as being oversold.
-On Balance Volume: Still trending upward and holding its positive volume through the last couple weeks price decrease ( Serious bullish signal).
-This may not cure the Coronavirus, but HELLO it could Cure CANCER!!! Last time I checked People hated cancer more than the Coronavirus( Sorry for the rant)
We are still need a catalyst (News!!!!), But patience is a rough thing for most ( I mean hell I have ADHD, but I haven't left yet).
Holding strong, Bullish as F**K, and Remember BUY BUY BUY!!!
If you like my analysis follow me! If you have an opinion, Please let me know!! Multiple Opinions are better than one!
I may not always be right but even when I am wrong I do it with Style!
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