Looks pretty bullish to me. support is holding with a bullish RSI divergence (remember that if support is tested three times without breaking, its pretty bullish... but if it then breaks, a larger fall usually follows).
The trend is up, with an up sloping 200 day moving average. its also at the moving average, which can spike a larger move to the upside.
wait for a break out with strong separation above the 37 area.
trgts: 1st @ highs, 2nd maybe at the 100% fib extension
The trend is up, with an up sloping 200 day moving average. its also at the moving average, which can spike a larger move to the upside.
wait for a break out with strong separation above the 37 area.
trgts: 1st @ highs, 2nd maybe at the 100% fib extension
