closing at around 2020 looks like
thats near daily highs
so will be a higher long green candle engulfing the prior red candle but still below that horrid monday candle of 2200 to 1950.
MACD has gone green for 1st time after 14 reads/daily runs
-0.49 -0.67 now -0.64 so thats a green turnaround of MACD but small
yet its a momentum change now recorded
RSI dropped to 26.94 33.62 now 42.08, thats a whopping 8.50 increase today in RSI, very strong rebound
LBB also hit and bounced off
but its still way below the 50dma now at 21.24
last time it printed these MACD RSI figures it was at 17.80- 16.60
the MACDs reversal to green may signal a reversal pattern
If IO stocks are higher tonight and IOP higher tmrw it will probably print green candle again but will it open flat or higher?
BULLS target is that 21.24
SHORTS target is to crack it below 2000 again to that 1900 but not looking good for them atm
their short attacks today all failed miserably
Do SHORTS give in or try again tmrw or wait for the daily top ?
Im happy as SHORTS are BURNING again today BURNING badly.
BURN them SHORTS BURN !
MIN Price at posting:
$20.12 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)