KLTO Opinion - A wierd setup. The stock has generated a bullish pivot (As derived from my longer trend setting). It moved up, stopped, dropped, all without creating a bearish pivot (again based on my long trend setting - Had I dropped that setting a pivot would have appeared). The MFI on the other hand has moved past the oversold level.IF...IF the price turns and breaks to the upside, the MFI 80 level may be the breakout line and the price could make one of those very significant and fast moving (as in 30-60 min) pops. A topping-off so to speak. I rarely play at the top but I understand that those who do, and are on their game, can make some serious gains (Scalpers and Day Traders). - Opinion
