weekend charting 15 - 17 april, page-76

  1. 5,277 Posts.
    TZL

    Crossed above the 50 day moving average at 27c, for the first time since September. Making higher highs and higher lows. RSI ticking up. Still in the early days, but the move is looking very promising.

    Stock peaked at $7.20 in 2007 and had been in a downtrend ever since, so the recovery could be strong considering fundamentals are far better now than back then.




    Downtrend has been in place for 3.5 years. Looks as though it is beginning to reverse.




 
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