Looks like we are going to close below the 250EMA for the first time in about 2 1/2 years....Hide your kids, hide your wife. Also head and shoulders on 5 minute is broken- target approx 263
This will be particularly ugly if we break below 286 (prior high from earlier in the year)
This may be a double top. Bearish Divergence on RSI and MACD (also seen in weekly). Decreasing Volume . Confirmed if closes below 256, then target is 223.
Failed to close above Kijun. RSI below 50. MACD bearish crossover.
Target is approx $77
Pretty textbook example of RSI and MACD bearish divergence
Obviously risky because its a penny stock and long term down trend but it looks like there may be some upside here. Also bullish divergence seen on RSI
Large daily Inverted Hammer Candle, failed retest of broken triangle resistance.