Price is testing the .38 Fibonacci level and the upper trend line of the pennant on the daily chart. The OBV is crossing over its 5EMA and the ADX is at 45 which shows a strong trend. The D+ made a trough and is moving upward.
Looking for a break out of the pennant this week for a big move up of approximately 56% with a short term target of .71 cents.
Looking for a break out of the pennant this week for a big move up of approximately 56% with a short term target of .71 cents.