Not sure how to post a chart here but based on my amateur skills, the period of weakness since the September high appears to have come to an end today.
Some of +ve technical indicators I follow show:
. a close above the downtrend line which on 3 previous occasions acted as resistance
. a close above both the 7 and 13 days shorter term moving averages
. the MACD & Stochastics have all turned up or crossed positively
. the trend of lower highs on the daily RSI has been broken
. a bounce of the 200 day ma and the 30 week ma
. a double bottom $7.28 & $7.19 (not perfect but close enough)
. volume has picked up quite strongly
Perhaps eieo, robbbbb or haspete can confirm the picture for us.
Not sure how to post a chart here but based on my amateur...
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