High RSI indicating a sell signal, price is trending at the upper Bollinger band too
At close today EMA20 just crossed EMA50, uptrend on a weekly chart.
high MACD and High OBV
RSI and OBV shows stock is oversold the only direction is up from here.
RSI & On Balance Volume shows stock is oversold..check the last two reversal when stock hits these RSI & OBV levels.
Notice everytime a green candle bar crosses above MA, the stock goes up, contrary when a red bar goes below MA, the stock goes downtrend. On Balance Volume shows that IMNP is way oversold. Any day with closing .38 or more with good volume, will indicates a buy signal
RSI at 30, it bounces everytime the RSI hits 30
History will repeat itself, watch the bounce off the RSI 30, it did it many times and hopefully thats bullish sign this time as well.
Sell the news might occur tomorrow since the reason for this uptrend was XBOX. WIll see how it plays tomorrow but if it goes south than it is definite sell off IMO.
Another green candle is needed tomorrow with good volume for a buy signal. Needs to open above 1.83 and closes above 1.93 and I will be in. GLTA
ATHX RSI at its lowest points, with a doji candle formed last Friday, I expect ATHX to bounce on good volume. Resistance at 1.45 so it might drop as well. Keeping an eye on it tomorrow. GLTA