MACD crossed on 15th March and now back into positive territory as of today with nice momentum behind it.
The SP had been holding the 20-day EMA nicely from the 17th March, until the break on the announcement yesterday. Sp managed to reclaim the 50day EMA on close. Todays recent action has just taken out the 100day EMA which is bullish. Now we just need the momentum to continue and get the 20day EMA to (golden) cross the 50 and 100 and we should get up a good head of steam.
Ripping announcement after a while with no news. Well done to everyone who held through the recent drop, chart is priming nicely. Let's keep it going!
MACD crossed on 15th March and now back into positive territory...
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$1.44 |
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