Cardiex - Potential for upswing

By Zinga_Binga
Updated
This script is on my watchlist for 2 reasons. 1 - It has shown a huge amount of volume in the recent past which has not been reflected in an upswing in price. The steady price level indicates that any additional interest will generate an up move. 2 - The script is forming a round bottom and the chances of a further move down are limited but cannot be discounted. The price is being supported by the 50 MA. Not investment or trading advice folks.
Trade closed manually
CDXTrend Analysis

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