Brought in today not long after open, .90 is major support and...

Brought in today not long after open, .90 is major support and attempted to break today with no sellers below this price but big buyers waiting to take out the suckers.

Chart is forming a bullish flag, supported with decreased volume which is typical until the break out. A true flag needs the low volume or buyers are consumed prior to break out.

I am expecting Oil to be up tonight thus RFE price should follow tomorrow now that the nervous hands have moved on.

Just a short note on RSI - oversold, last price rise the share price was a little lower than previous high, however RSI was higher a bullish divergence.

Happy trading all!





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