CLSN Swing High-Low Fib - 0.5 retracement plan
Updated
MACD showing signs of waning negative momentum on a lower low - BULLISH
RSI showing divergence, higher levels of buying pressure on lower lows - BULLISH
Uptrend - follow the trend.
3 BULLISH indicators now...
Conservative estimate of 0.5 fib, out at 0.786 fib.
RSI showing divergence, higher levels of buying pressure on lower lows - BULLISH
Uptrend - follow the trend.
3 BULLISH indicators now...
Conservative estimate of 0.5 fib, out at 0.786 fib.
Note
The overall trend for the prior year is an uptrend.Note
Would have got stopped out but playing with high risk, SL at $0.95 now. At the time of update, the price action fell below the descending support line and looks to be retesting the bottom. I bet we soon break through that support and continue up.
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