Formation of a cup and handle and holding the green diagonal support. Bullish movement confirmed if it breaks UP out of the yellow channel and cuts through $0.88 - Maximum POTENTIAL upside target is $1.10 Bullish movement invalidated if its green diagonal support doesn't hold, breaks BELOW the yellow channel, and if it doesn't hold the orange local support-...
MACD suggests a healthy short-term reversal to retest the global trendline. ChrisMoody's custom indicator also flashed a red signal on the 15 min indicating sell volume may be about to pick up. I see a possible entry between $0.64 - $0.68 within the next few hours. Should the global trendline hold, the next resistance cluster will be found at around $0.85. The...