Cautious bull eyeing SNPR
The RSI isn't looking so hot.
The MACD isn't looking so great.
But SNPR is very close to crossing a psychological threshold that could bring it into the next bull cycle from an emotional perspective. The thick red dashed line is crucial. The blue SMA line is about to cross. I won't start telling nana to buy until I start to see candle bodies close above the SMA and the candle bodies begin to close on the other side of the crucial red line. At that point we could start to see a change in direction for the oscillators.
The MACD isn't looking so great.
But SNPR is very close to crossing a psychological threshold that could bring it into the next bull cycle from an emotional perspective. The thick red dashed line is crucial. The blue SMA line is about to cross. I won't start telling nana to buy until I start to see candle bodies close above the SMA and the candle bodies begin to close on the other side of the crucial red line. At that point we could start to see a change in direction for the oscillators.
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