Yes but my other indicators have all remained negative like the 50 day SMA is now below .04 @ .0398 and we are trading below .0358 which is the 200 day SMA and if you go to the weekly charts it too confirms the downward direction along with the RSI as well as trading below the midpoint on the bollinger bands!
Like I said before, you should always get confirmation on direction with at least three indicators as well as on the longer term charts like the weekly chart.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.