Last Fri closed shows a potential bullish move coming up. The upper wick that extend beyond the previous day high shows desire of bulls to push higher. The lower daily volume tells me that there's not much selling in the background. Another factor that favors a bullish move is that price is now at a previous resistance turn support. Couple by the fact that this is an overly extended bearish run, a pull back is definitely not outta question. Still subject to further confirmation before a LONG trade is executed.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.