The Bollinger bands are coming in for the squeeze. The 20, 50, and the 200 EMA is lining up and the 20 EMA yellow is curving up. This is a great set up for good news. The last high @1.3 cents was not as high as the previous high of 1.9 cents. Also this low was not as low at the previous low after the 1.9 cents run….. to me this is the consolidation stage and many traders and investors will buy after a run and at the consolidation stage which we saw some of this on Thursday. We may see more buying today. The oil and gas market has been a bit average for a while now and if you are holding this could be the right time……. The price of natural gas and oil is also assisting these charts, need to look at other aspects as well. Note I haven’t posted any candles. Note increase in volume on Thursday…… and a green day.
ROG Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)