- RSI healthy at sub 60 - recent 2 green days outweighs yesterdays red day volume (individually). - EMA Cross (9 and 26 day or red and green line) still healthy with the 26 EMA (green line) catching up now at 6c (a good thing imo during consolidation, however we don't want the red line to drop under the green line, bearish indication).I have found with a lot of bullish stocks the next decent run can sometimes come when they are close to touching - but again we don't want red under the green line. - You can see at the top of the last 4 daily's both the 9 and 5 day EMA is where we are currently finding resistance (red and blue lines). Likely stale holders potentially getting out or the like given it is the average price, it makes sense. -Finally, the orange line is the middle of the boiler band, so you will see we are still sitting in the upper region of the boiler band, another good indication we are still on a bullish run. - "Official downtrend" just about broken but imo not 100% confirmed just yet - almost.
Take it as you will, but I think the below looks quite healthy.
Cheers,
NHL Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
