so we are approaching the reporting season, i feel a lot of good...

so we are approaching the reporting season, i feel a lot of good news coming and of course another divvy portion on the way to our accounts..

in the middle of bearish momentum at the moment, very low volumes so no reason to worry but to top up before it continues its way up to $2 and beyond, where its really belongs to..

on my chart we are considerably below the long term trend line at the moment (i put the most conservative option in play), just similar to the highlighted points of time.

look at the MACD and more importantly RSI - it rarely gets down below 50% but once it did it is a certain bottom followed by a jump. We are currently almost there... MACD is stable on positive territory for a long time now, thats a good sign meaning share ownership has been stabilised, dont expect selldowns anymore...

I expect next two weeks will continue in similar way and i would love to see RSI below 50% in the meanwhile (got some funds on standby at the moment)...