Friday, February 09, 2018 7:14:03 PM
I wrote this up to piggy back off this last post of mine... As mentioned in my last post... My prediction and technical analysis is still the same for the most part, a minor set back but truth be told, the price action today is a rather positive thing even though it doesn't seem like it... Ignore the PPS and watch the technicals... Today bouncing off the 200MA should trigger a reversal, so it's like ripping a bandaid off...
See the chart below:
https://pbs.twimg.com/media/DVoflBxXcAMV4A5.jpg
There is not a lot to update when it comes to the weekly chart... Just a small slump in the positive momentum, but if we reversal here we will reversal there bullishly... And since we are not far below the zero MACD histogram line on the weekly chart, we very well could cross the zero line soon and trigger a breakout that is anticipated on all aspects of the charts across the board...
I think next time we challenge the $0.20's we will breakout soon after... The next run up in my opinion is THE run up!!! Probably right after a minor pull back to test the breakout... Which should lead to a breakout...
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