BIT Charting, page-741

Certainly needs some love at the moment as most indicators are feeling pretty low at the moment. Momentum is all downhill currently at surprisingly large volumes.

The shorter time frame charts are very bearish and you can see the gap between the 8 and 20ema's are getting wider towards the negative.



Daily chart sees the SP close below the bollie median line, therefore to continue that nice run up is going to take a bit of work now.



Couple of scenario's can play out here IMO, firstly there was a large holder closing his position and not enough demand for the stock to hold up the supply or secondly you could see the SP rise slowly on light volumes once the seller has finished.
If supply keeps coming without demand then sorry, this could fall a fair way. For holders sake, let's hope for the second option.

I know it's still only a speccy stock but for long holders the weekly chart is still the important one.
You can see that the SP has been trading nicely between the 8ema and the upper bollie once it settled from it's huge re-rate. Now you're still above the 8ema but it's flattened and so has MACD. Really want the SP to hold this level otherwise a re-test of the bollie median comes into play.



As I've mentioned previously, don't even try picking the bottom, never works.

Cheers.