The weekly chart MACD seems to be diverging since September 2015 low, now the chart is forming an upside down head and shoulders. Should a breakout occur the measuring rule would put a price target around $13.00
Volume decreasing while its fallen into a flag-like pattern, should it break out above $19 on expanding volume the measuring rule would put it up to $38
The weekly MACD has diverged since its December 2016 low and crossed over.The chart seems to be forming a triangle as well with decreasing volume. Should the price break above $9.60 on expanded volume the measuring rule would put a target around $11.40.
