PWROOT Rebound Today (9 June 2023), the stock close higher with large volume. Not only that, the stock made a gap up and break above MA50. Meanwhile, based on weekly chart, we can see that PWROOT has rebound from MA50 as well as cross up MA20. We can see that MA50 is the strong support because, the price failed to breakdown the MA50 since 2 weeks before (22 May 2023 - 29 May 2023) . In addition, there might be a crossover from the oversold region in the near term. Therefore, this might be a continuation for PWROOT to move higher again.
