Day traders' after-market lounge October 31, page-15

Indeed the daily chart of MAY which is still setting up for a breakout but not quite there yet. On Friday and Monday it closed above the purple 34 wma but on a day with a big overseas lead as you say it only managed to pullback to test the 34wma for support.
It remains in an ascending triangle which once it breaks above will be a strong trend. It needs to get above 0.08 to be in an uptrend and above the 34wma on the weekly chart.
MAY 0.066 daily chart.