FINALLY BROKE OUT OF CORRECTIVE DOWN TREND IT'S BEEN IN SINCE BEGINNING OF JUNE !!
ASCENDING TRIANGLE ? BREAKOUT NEXT AFTER BTC NEXT PUMP ?
DESCENDING WEDGE SHOWING BULLISH DIVERGENCE ON DAILY.
FINALLY. TARGET WOULD BE 50% RETRACE FOR SHORT TERM. LET'S SEE IF IT GETS THERE.
Ok. Gap filled. Showing bull divergence on 6hr time frame. Negative momentum still isn’t waning yet but it’s a start. Can we get enough thurst to breakout of the channel ?
WAS ALL THAT JUST TO CLOSE THAT GAP ? ARE WE DONE ? LET'S SEE.
WE ARE FINALLY ABOUT TO CLOSE THE GAP...THIS THING WAS HELL BENT ON GETTING DOWN HERE.
BREAKOUT OF SUPPLY LINE. HAVE SOME GOOD ROOM ON THIS ONE TO THE UPDSIDE.
Coming off bullish divergence Break out of downward supply line.
After yesterday’s price action I think this is what we’re looking at vs a descending wedge. A downward channel.. it’s respecting that heart line great. We still have gap fill at 30 and we’re still working on bullish divergence on daily if we can dip down low enough. My guess would be earnings will tell the tale. If it dips to bottom of channel that would be great...
DANG...IS THAT IT ? WEAK DEMAND ON THIS STOCK RIGHT NOW. MAYBE EVERYONE SCARED OF EARNINGS NEXT WEEK ?