Well my chart spread takes too long to explain from scratch. And you have bare, bare, BARE bones of charting. You need a lot more. At least include 50, 150 and 200 SMA's. And theres no MACD or at
least MFI. Or even bollinger bands
This explains a lot.
If you at least had 150 and 200 sma's. You'll see they are above the current sp ( very bearish) but have converged and are headiing back down towards the sp (less bearish).
People without 150 & 200 sma's always see a false positive churn and buy up.... only to be dumped on by holders who exit at a loss.
MACD pre false pos was very negatives. But currently it is hugging the neuteal line. All this and the sheer volume suggests an uptrend.
stuff it heres my chart.
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Well my chart spread takes too long to explain from scratch. And...
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