This stock is really hard to gauge. Volume looks pretty week the last month or so. Up side is since crossing the 200MA it has tested it 4 times (depending on how you look at it). At a minimum it appears to want to stay above the 200MA. The 20/50MA look pretty week though. Possibly a cross soon. If so it may Re-test the .08 mark at low. If the current trend...
RGSE - Possible long here. Highly speculative, however could consider stop around 0.27 and fallen angel target of 0.96.
This chart is a thing of beauty, if you blow it up on the daily and weekly and monthly you'll see why. It has cupped perfectly off the bottom and is ascending with higher and higher volume. Expecting much higher PPS Sooner rather than later.
Selling absorbed, short but sweet period of accumulation, and now a bullish move backed by volume. Doesn't get much simpler than this.
Can I draw or what? This was exactly as I had anticipated. Now the Question is...What's next? I'm thinking we see a bull pennant form off the side of the 10/15 run, which is the top 1/3 of the three day run, which should trigger another larger move early to mid week next week. Of course there is always the possibility that we go greed red green and Monday she...
Breaching 1.30 will be key tomorrow. So I was a little delayed, but still going the right way.