MarketChicken

MarketChicken

@rahagar Has more room. macd tho has much more room from previous periods. Thoughts?

MarketChicken

@rahagar Plenty of room on rsi/macd for higher. If mkt pulls back this will pb also, vol still low on this. Thoughts?

MarketChicken

@rahagar Or room for a leg higher? If market pulls back, this could be good on a backtest.

MarketChicken

Internals are still weak. I reckon this trades in a box between 80-85 for awhile. Could see a stab lower

MarketChicken

@rahagar it blew through the 200 once before and had a big v recovery ... some hope here?

MarketChicken

Been trading within a box of the first fib retracement for quite some time. If it can just break out. It's trying.

MarketChicken

@rahagar what do you reckon?

MarketChicken

Basing here or a trap? That gap looks like a magnet up if the market cooperates but I may be on hopium

MarketChicken

This is deeply OS but there is more room for it to fall on the daily - however, there's a bullish macd cross. Note the candle it's bought up but big negative volume. This being BUD with its huge yield, there should be a bounce soon. We're at late 2014 levels currently and blown the 200 sma

MarketChicken

RSI on the daily has room for more downside but there's a bullish macd cross. Note the candles - double bottom. Possible bounce?