Wednesday, May 03, 2017 6:25:18 PM
The 20ma is already starting to roll but that can be corrected with movement up. No news soon = no new retail = 'a world of hurt'.
I do see that cup with handle there and if you go back about a week you'll see I posted about the cup, with the handle still yet to form but this is the OTC so I usually pay most attention to volume and price.
The 200ma, not in the chart, is also looming around .09. We tried and failed, piercing it twice, but failing to hold above. It takes a long time for the 200ma to come down to the 20ma and 50ma so chart wise this still could be primed for a massive run up. Unfortunately retail buying is dead at this time.
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