So my present points are: (1) Uptrend still intact (2) Price has increased with the macd to cross bullish indicating the pullback has finished for now. (3) Price is testing the resistance at 2.92, a breakout will go to the next long term resistance at 3.20 (4) A double top is possible short term, so keep an eye as may be a false breakout and have another dip down (this is still an uptrend if this occurs) (5) histogram is moving up, indicating upward pressure.
This week is a wait and see position, as 2.92 will be a test of direction short term...overall still very bullish!
Cheers, Mike
CUS Price at posting:
$2.79 Sentiment: None Disclosure: Not Held
