SPQ 0.00% 0.7¢ superior resources limited

I'm pretty new to charting but this is my take on it at the...

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    https://hotcopper.com.au/data/attachments/2948/2948948-f4f571e3d6e6d9ac343b42d2b75a2e58.jpg
    I'm pretty new to charting but this is my take on it at the moment:
    The blue line is the 200 EMA. The share price is trading above it which is good. As long as we stay above we should be okay.
    The blue/orange lines at the bottom graph are the MACD/Signal lines. They're flattening out so I'm looking for the blue MACD line to cross above the signal line.
    The red bars are getting smaller which coincides with the MACD line flattening out so hopefully we've hit the support at 1.2 and will be moving upwards again shortly. I purchased yesterday at 1.2 so I damn well hope I'm right!!
    With news coming soon this should help!
    GLTAH
 
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