This one can still go either way, just depends which side of the flag it breaks through. However, adding the Bollinger Bands shows there's more frequent testing of the lower limits. It will be interesting to see how long this can act as support.
A couple of promising indicators appearing on the HTHT daily chart: 1.- MACD divergence: prices are setting lower lows, but the MACD is recording higher lows. 2.- MACD is rising towards the zero line. 3.- Did not break through resistance at closing. A couple of things to monitor before I trade. I'll be waiting for the MACD to cross zero and to see if the...
Second impulse has began. Maybe a good opportunity to get in on this innovative company. Trials of the new hydrogen plant has began and there are promising signs.
Breakout of the descending wedge could signal a reversal of the downward trend. Also bouncing off resistance.