14 day moving average touched on light volume, page-22

What an interesting read this morning, and quite a few varied opinions

Well, I am not a TA expert, but by looking at the chart at the macd, I can see the 10 day ema has moved to just on the 50 day ema

Since this is a pivotal point or juncture, I believe this is still in a bullish state, as it reached the 50 day ema on very light volume, meaning we can expect

1. A bounce off this as a technical reaction
2. A bounce off this as there is likely news coming in about 12 days so the players, us and the big boys, won't allow it to drop before the next round of news,
3. The next round of news was always going to be better than the infill results just recieved

Happy to have "constructive"criticism, but whilst any stock carries risk, to me looks like an excellent entry point now with little downside