Charts looking promising. A break up through the 50 day SMA with...

Charts looking promising. A break up through the 50 day SMA with volume would be great. It's on it's second attempt at that today as of this post. Seems pretty strong.

It is still challenging the 50 day SMA though and hasn't broken through yet (and may not), which is one caveat to keep in mind. I imagine there'll be some profit taking around the 50.

Charts below.

Weekly

RSI has broken up through an downtrend line which I always take as a significant thing, especially in the weekly chart. Also Elder Force (price change and volume combined in one indicator) is showing quite strong uptick. Price has bounced upward off the orange 26 EMA and has now broken above the 3, 7 and 13 EMA cluster (green, lilac and light blue lines). Put lots of target lines on this chart so here they are: 59.2c, 67.6c, 74.3c, 79.5c (bollinger band) and finally 98.2c (channel line). The targets are only valid once in the bag of course but today's action makes me think there might be a chance of hitting a couple of them at some point.


Daily
RSI downtrend line also well and truly broken, and MACD lines have crossed to the upside. Price is challenging (but hasn't broken through) the dark blue 50 day SMA line. Based on the other daily and weekly indicators, and also the fact that it's having a second go at the 50 today, it looks to me as though it might break through.

If it does, then the target shown here would be 63.0c (bollinger band/channel line).

Another thing is that RSI is coming up on resistance at 58 (not shown). This roughly coincides with the 50 day SMA.