Finally, someone posting some facts and accurate data.
Yes, you're spot on, not a lot of positives in any indicator. So unless you're interested in the intraday trades and are looking for an entry, then I'd be looking for a few green candles on the daily chart, a close well above the 200ema and probably at the old support level (now resistance) at .395. Keep an eye on a MACD reversal as when that crosses positive would be a good time to pay attention.
This is RSI, it's still above 25 so still not in oversold territory yet but heading that way.
Don't try and pick the bottom or you will get smacked.
And don't listen to 80% of the garbage sooking posts on this thread. Some pretender is even posting charts on delayed data. Oh dear!
Cheers
IMU Price at posting:
36.3¢ Sentiment: None Disclosure: Held
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