A few important things to get through here. Note yesterday she failed to break out of the SP and RSI wedge. $6.80's are an important hold. Then we need to break the bus lane which is around $10 with resistance at MA50 on the daily.
Note that TOPS is trading within a symmetrical triangle. We opened today in the 1.90's and filled the gap back down to 1.71. Gap from 10/26 at 1.65 has been filled. I don't think it will go below 1.50 because of the offering. The end of the symmetrical wedge is 12/13, which is around when I think the 50MA and 200MA will re-connect for the bullish cross. Also...
Ok, lots going on here on my messy end. From bottom to top: 1. RSI trend line from 8/15 is still intact. Needs to bounce off 38-40ish to keep the trend intact. RSI currently at about 45. Wedge ends 10/5ish so I expect the next big move to be around then? 2. Accumulation/Distribution line, while improving, still shows significant divergence from the SP. Note...