-might enter long if price stalls out near that lower level as of right now I'm bearish
think its over extended there also a divergence on the 1 hour chart... waiting for a pullback before entering long again some time next week.
looking to sell any bounce at the moment or crack that support and ride that down to next support level
waiting to see how far we pullback before we continue to the upside
healthy pullback IMO, strong weekly support trend line
-RESISTANCE AT THE 50 FIB -MACD STILL BELOW THE ZERO -RSI AND STOCH. LINE FACING RESISTANCE -VP SHOWING LOT OF VOLUME AROUND 14.24 AREA AS SUPPORT IF 14.96 TRENDLINE BREAKS
2 strong support areas could be tested before it continues moving higher IMO...
CLOSED ABOVE THE RESISTANCE TREND LINE MACD, AND RSI ON THE WEEKLY STILL LOOKING GOOD... SHOULD SEE 120 SOON!
Usually the 20MA crossing over the 200MA is a good sign for the bulls.