CXO - Chart Thread, page-8494

Interesting week behind us on a No News Event (NNE) move up in SP. Maybe Li price and sector?
The SP did touch my proposed 0.24, but the volume dropped off and so did the SP.
Closure of the weeks chart below.
The candles touched the 8ema 3 days, I hoped it would hold but didn't. Then friday the tail of the candle has almost tagged the 20sma.
RSI and MACD both have rolled over.
We do not want the 8ema to cross back over the 20sma (or 0.20c, in this case)
I 'hope' that the 0.20 holds, otherwise unfortunately this run is done.
Macro is picking up, I expect atleast until May now, so that may prove to be a positive. I also hope for a few good Anns from CXO.
Watch and read a few more 'experts' state of play for spod and Li and they all say that they feel that the bottom is in. One even states a strong rally.
GLTAH.