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Re: HighAmbitions post# 33875

Sunday, 06/18/2017 7:52:22 PM

Sunday, June 18, 2017 7:52:22 PM

Post# of 96907
My expectations in price for the next month. A range between .0037-.0074 for 1-2 weeks, then a short-term rally up to .011, then re-test .0037 level

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From a technical standpoint, here is where we stand.

At .0056, UOIP closed below the mid bollinger band at/about .0074(so that becomes S/T upside resistance)

The next support level is the 50 day moving average at .0037

So, to answer your question I see a trading range between .0037 - .0074 for 1 week or so.

As the 50 dma trends up, that becomes support, and a short rally up to .011 could/should occur

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