InvestorsHub Logo
Post# of 112677
Next 10
Followers 28
Posts 1537
Boards Moderated 0
Alias Born 04/16/2014

Re: None

Friday, 05/27/2016 2:11:14 PM

Friday, May 27, 2016 2:11:14 PM

Post# of 112677
Cash's: Chart Update

http://a64.tinypic.com/70vqfn.jpg

Grey ovals represent my long entry's.

Need to hold 200dailySMA @ .333 as we reach approach hourly downtrend resistance.

Bullish:
200dailySMA support holding
RSI breaking out of downtrend (bottom study)
Rollie announcement on deck

Bearish:
Hourly downtrend resistance
.035 price level resistance
100dailySMA resistance @ .0377
50dailySMA resistance @.039
Daily downtrend resistance @ .039
Head & shoulders bearpattern .05/.055/.05

Chart is speaking bear but optimal time for a PR on Tuesday to breakout and start to look bullish. Adding to position here has a good risk/return payout

Twitter
@cashbyerstrades