Price above 200 MA and holding. Hasn't held above the 200 MA since the start of this year.
10 MA and 20 MA have both crossed over the 200 MA which is bullish. The last time this happened, the price reached the old 70c / new $3.50 mark. Look left on your chart.
Price still respecting 20 MA and staying above.
I interpret the last few days as a pull back / reversion to the mean rather than a confirmed downtrend.
Let's see how this plays out.
M92
GXY Price at posting:
$2.45 Sentiment: None Disclosure: Held