Tech analysis as I see it. Downtrending channel that attempted...

  1. 11,730 Posts.
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    Tech analysis as I see it.
    Downtrending channel that attempted to break out today but failed. A couple of 4 hr closes above 7.30 and ultimately 7.50 is a break of trend. First point of resistance is at 200 MA - $8.05
    There is also further confirmation of a golden cross that hasn't quite crossed over yet but a close above 7.50 will all but confirm it.

    Last edited by Calvo: 16/05/22
 
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