We dodged a bullet today, but it was sure sweet to see this baby rise in the last few hours of trading on less than a half days volume with the cards stacked against us from computer errors on the OTC.
We reached down out of the gate, Touched and confirmed support, then rallied with ease into the close.
Entry clue, was when the price crossed the 50 DMA, and the 20DMA began moving up towards the 50DMA. The cloud was thin above the price, and stock beginning to show record volume in a 25M A/S. Accumulation is going up big.
1. Chikou Span is showing the Buy signal on the Daily & and Ichimoku 9,26,52 , and 9,13,26
2. RSI: 67.44, Bullish
3. Aroon: Predicting a New High in a 25 day period
4. Mac-D/PPO: Positive Divergence
5. ADX: Upticking
This is the Ideal set-up for for a little penny stock like this. We can easily predict .04 will be broken by momentum.
Positive money flow is going to enable a powerful move. The transition from a downtrend to an uptrend.
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