Yeah it's a far more positive looking chart but still a fair way off being called bullish IMO. I agree that it's printed a bottom pattern but I'm not sure it has the horse power to build into an uptrend yet. There's obviously a bit of resistance at .049 if it gets there and of course a gap to fill at 6 cents. Positives are candles now closing above the 8ema plus the bollie median and the health of MACD is improving by the day. Red ema is the 50 so you'd love to get a piece of that as a strong indication of a trend reversal. IMO (let's not talk about the 200ema at the moment)
For looooong holders the weekly still has a bit of work to do but it's the best its looked in a long time
Cheers
BRU Price at posting:
4.1¢ Sentiment: None Disclosure: Not Held
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