The bottom of the green circle overlaps the high part of the double top translation ~ $4.435
Will it get there? I'm dubious.
I would expect some support at $4.72, maybe a bounce to ~ $4.90.
I do not expect the 50MA to hold.
Sorry I can't paint this more optimistically - besides, to say I'm looking forward to accumulating more as we near the 200MA.
I expect the quarterly to be good, but not powerful enough to overcome an inevitable revisit of the 200MA in next few weeks.
On a positive note - we have deviated considerably less from the 200MA than other peers in the sector.
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