Hi Slick, yes I agree on the above but the fundamentals may spoil it in the short term.
i'm looking at side way movements since 29/4 break above $1, thus the $1 support. The fundamental will come in play when the resubmission is announced and price may break above ema. (This will be either tomorrow or Monday)
The daily stoch is over sold territory, RSI is basing and may be moving up. Also, the True Strength Indicator is benign.
The hourly chart (short term) is starting to move the opposite direction to the daily. MACD, RSI and stoch trending up. Though, price is below ema. (ema9 is at .99)
Yes, it's still not enough to confirm upside but I'm backing the fundamentals here.
Tomorrow and next week will give us a clear picture.
Hi Slick, yes I agree on the above but the fundamentals may...
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