Interesting day today. Volume today is actually the 3rd highest...

Interesting day today. Volume today is actually the 3rd highest volume since the FDA announcement back at the end of June. This is also the 3rd day of consolidation at (or slightly above, however you want to see it) the 200 day EMA. We do have a MACD crossover and have had some periods of bullish intra-day movements, however yet to see follow through to close clearly above the 200 day EMA. If we fail to break up, then the next target may be the 21c line again, however if the bullish momentum continues, then the red zone is the first resistance point, followed by the top of the channel. Of course, all of these technicals are meaningless if no one else acts on them.