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Thursday, May 28, 2015 11:46:33 AM
If you look at my 60-minute chart, I expect the price to test the little orange and purple lines (10-MA and 13-MA) before making another move at the green line (20-MA) for a break.
Notice how it hasn't been able to close above the 20-MA for a long time. If she can close strongly above that moving average, then that's going to be great going forward. The old resistance becomes the support. (again...barring the appearance of VNDM)
I am not a promoter or professional stock trader. I'm a regular guy who enjoys stock trading to make (or lose) a few dollars. I am only responsible for my own trading foibles, not yours...do your own DD.
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