Could you explain what this means, I don't understand "For me, if I were trading this-which I'm not, my interest would then pique when candles turned blue (permitting buying) along with a rising, but still red, MACD histogram. Note also the bullish divergence of FI not marked."
Also what do you mean the stock being "primed" because the average volume now is similar to average volume during the pervious false rally?
I have a buy order @0.255, but I'm cancelling it, I'm not very comfortable with price action towards close. My wild guess it would fluctuate wildly around here at the 200d EMA for a while, and continue upwards. If it doesn't consolidate around this level, it will fall, and fall hard back down to around 0.22
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