very encouraged by the price action todaystill seems quite a bit...

very encouraged by the price action today
still seems quite a bit of overhead resistance atm but who knows if it is for real or just accumulaters at work lol
Like you HooHoo i am a rank amatuer at charting but have recently embarked on a bit of self education as well as joining the ATAA in order to rectify the situation and learn a bit of voodoo

Hope a real TA guru can offer opinions but in the meantime i will throw in my 2 bobs worth (please no abuse lol)

RSI is improving

looks like we might be experiencing a bollinger squeeze - usually a signal of trend change (up or down)

I attended an ATAA seminar and listened to a guy talk talk at length on the merits of the adx +di -di indicator as a tool for assessing trend change and strength of trend, he absolutely swore by it and i have a friend who also swears by it. By my reading this indicator is giving a strong bullish signal

FWIW

ps; I highly recommend the ATAA for anyone wishing to increase their knowledge of TA, great resources and the monthly presentations are very informative