And a good question that is.
IMO, we filled the gap so hopefully we don't go any lower. Looking at the one year chart, on Trade Architect, the SMA20(.202) and SMA50(.187) both have turned upward the last few weeks and the increase looks sharper over the last few days. The SMA200(.223) is within striking distance, and as long as we stay at or above our current level we will be golden.
FYI, I am not actually a chartist. Charts are based on numbers/ratios, over a set period of time, and by changing the time period you can get different results. But they can and do come in handy when trying to get a feel of how a stock has reacted in the past in similar situations.
In case I forgot to mention it above, Always Just My Opinion
