Well the MACD has not crossed up bullishly over the centre line yet for some time now and it has crossed down below the signal line on the hourly and 4 hourly with daily not far behind.
Bearish engulfing candle today on slightly higher (albeit still low) volume than yesterday so I still stand by a sell down to 3.4's and if strong enough, maybe a sell to sub 3.4's next week. If I was to try and ninja an entry or best possible top up I'd place an order around low 3.4's as the positions in the 3.3's would already be taken.
IMHO, that will be the best buy before the SP has to start catching up with reality and the imminent news drops.
BIG Price at posting:
$3.51 Sentiment: Buy Disclosure: Held
