Thursday, December 07, 2017 3:32:42 PM
Earlier I thought it could, but as of right now a bunch of today's gains were handed back, which signifies testing of the resistance point, it's not broken, it's currently resisting...
The fact the price is hanging out here and punching through time to time though is good...
Also said in another post today that the share price needs to get and stay above MA200, until then it'll act as resistance... When broken through it'll become support... Same concept as above with 7s, the MA200 happens to be at the same place as my upper trend line, so for at least 2 different reasons right there this area is a key resistance point...
Personally with the MACD as is, I feel this test will pass and we'll be going up soon...
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