6 months to date on the daily. RSI ticked up today on buying volume. MACD would naturally swing imo on continued buying pressure.
20 day (yellow indicator) about to cross the 100 day (red indicator) any day now imo.
Positive quarterly to improve further buying pressure and volume would make this very bullish imo.
The stock needs to close above 11.5c to really break that barrier.
You can see on the chart when the trend changed with the 2 shooting star doji (double peaks). Remained relatively flat until the CR occurred which spurred the cup.
The peak in the middle of the cup was the release of the US Launch webinar and the increase since then is churn of the CR shares and that news. The peak is then the Hologic deal.
Outside of the quarterly, if there is any other distributor deals or unforeseen deals done, then its onwards and upwards.
All imo.
LDX Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
