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Post# of 19879
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liontrades

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liontrades

Re: None

Tuesday, 05/09/2017 12:00:46 PM

Tuesday, May 09, 2017 12:00:46 PM

Post# of 19879
Technical points on the chart:
Put in a very ugly candle yesterday with a bearish engulfing signal. However, MACD, EMA and Fibonacci all remain bullish.

Sitting right at support at .0013.
There is mental support at .001 which should have more buyers but the next real support is at .0007. Without news it will fade and drift down to this support.

To regain bullish momentum the stock needs to break the 40 price moving average at .0016 and then the 18 price moving average at .0017 which sets up a huge resistance and pivot point at .0023. This will take a lot of volume and support to break and hold.
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