A close above .29 does not in my view indicate a reversal. This...

A close above .29 does not in my view indicate a reversal. This stock has been in a channel from .27ish to .32 ish for a while and for those trading this channel would have been very profitable. It will breakout eventually and in my view upward. I would consider a close above .32 a buy signal especially if it is a weekly. So price wise here nothing to report.....but...for chartist what I have noted is
A long term bottom confirmed from March 2016
A completed reversal of a head and shoulders from November 17
I see these as strong indicators but it does not give you the timing.
A price entry would not be triggered until after .32 but the MACD, depending on what you
use is strong also, as are a few other common everyday signals.
Therefore I bought in strongly recently at 2.8 without waiting for the price trigger, risky but
I like the product as well.