$CHL - daily chart
both the 13 (blue) and 34 (pink) Bollinger Bands are rising.
the 50 day MA (green) crossed up through the 200 day MA (red) in late July (gold vertical line); both MAs are now moving up.
the daily Williams %R is above -20 (see bottom panel); this indicates positive pressure.
based on these observations,
CHL could see more gains in the near term.
upside levels to watch: $66.18, $69.16
downside levels to watch: ~$62, $60.94
the 50 day MA (green) crossed up through the 200 day MA (red) in late July (gold vertical line); both MAs are now moving up.
the daily Williams %R is above -20 (see bottom panel); this indicates positive pressure.
based on these observations,
CHL could see more gains in the near term.upside levels to watch: $66.18, $69.16
downside levels to watch: ~$62, $60.94
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