It's tricky but I don't think there are any traders working it as there's nothing to work. Many were around during the breakout and hung around to watch for a retracement to play with but it's just done Michael ever since.
Worth noting that not much ever happens when that lower bollie is heading north at such a sharp angle of attack. As spoken about previously, when it resets there will be a better SP range/movement.
Things will begin happening next week as the bollie median is in striking range of the SP. IMO. You don't really want the SP to fall below that but it may be a challenge looking at MACD.
All just my opinion.
Worth noting that the BIO sector has been slammed over the past week reversing it's bullish momentum unfortunately.
Cheers.
Nova Eye Medical (EYE) Chart Thread, page-72
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23.5¢ |
Change
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Mkt cap ! $53.82M | |||
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| 23.5¢ | 73449 | 2 |
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