MAY on the 4H - forming a nice bull flag - PT 1: $0.215 and then...

MAY on the 4H - forming a nice bull flag - PT 1: $0.215 and then at the pocket 1.618 FIB $0.345. We have dropped below the EMA ribbons on the 4H, but have strong support at $0.10 as we saw with the flush yesterday, this area was aggressively defended. Should we lose $0.10 next support would be at 0.08 then the 21W currently at 0.07. I do not expect to see a flush down there. I am awaiting a breakout and re-test of the flag then looking for a move much higher. This consolidation is expected after a nice run up over the past 30 days. RSI moving towards OS. Stoch OS also. IMO plenty of positive news coming up in the coming weeks and months which makes this TA/PA pointless haha.


On the Daily - This really is a beautiful looking chart! HH + HL and holding the EMA ribbons - I would expect a bounce from this region. Stoch RSI OS, RSI neutral at 50. MACD with a bearish cross but I would expect something similar to the cross in Feb. Looking forward to some more positive ANN's and seeing this one continue to fly. IMO buying these dips. **Nothing here is financial advice - DYOR.