"A day or two sideways here under the 20d(i think is your bolli median?) would be normal. "
Nice to see my crystal ball calibrated well
What we definitely don't want to see is it get sold from here, especially on high volume. Somewhere around $6 i want to see hold, preferably $6.10 or even better $6.20 but that's super tight.
I won't bother posting the chart as there's enough above, tight range and very low volume yesterday saying someone has run out of ammo, is it the buyers or sellers? I of course think it will be the sellers, some of that may be my bias but when you consider the volume pattern i do believe it is the right read(remembering this is a probabilities game and there are no certainties). So good chance it moves again Monday or Tuesday and we'll see which side of the market is in charge here
CU6 Price at posting:
$6.41 Sentiment: None Disclosure: Held
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