The Stock approached oversold territory. a reversal followed after divergence is seen in price action in combination with rsi. price action is above the 20 and 200 sma, which is a good sign. Candle sticks are long green bullush, also a good sign. maybe look for long entries after the 20 sma crosses over the 200 and shows a clear change in momentum.
The price is above the 20 sma- Bullish Sign Trend had long bullish candles only green towards market close- Bullish Sign Positive crossover, 20sma over the 200sma- Bullish Sign GGII had a major run today, could shed some of the gains Monday because the move was so massive but the trend still shows bullish momentum moving forward.
double confirmation of tight divergence strong potential up trend.
Bullish divergence using rsi in combination with price action.
Bearish divergence in rsi combined with price action, mac d may cross negatively as well.
appears to be divergence in price action and rsi which may lead to a reversal, divergence occurred at the bottom of the rsi and is at key levels of support.