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