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Re: SeatonBM post# 2569

Thursday, 03/08/2018 10:30:15 AM

Thursday, March 08, 2018 10:30:15 AM

Post# of 2733
Because I am flipping, I am using the POTN 30 minute chart...

The 30 minute chart shows momentum starting to turn... Buy signal on the stochastics though it is currently not diverging yet...

MACD seems like we got a valley lull and the valley is starting to get shallower again in the histogram, signalling a momentum reversal coming... Should soon move up...

Price pierced lower Bollinger band, unless the floor falls out the price should bounce back up to inside the Bolinger bands... The price is testing support right now, though it appears the selling stopped... So I predict we may bounce off it back upwards... If we do, we will find first resistance at the 50MA at $0.3908...

RSI is cool...

We are trading inside to the top of a bearish channel, chance to break bullishly...

I think to PPS will come back up now some....

I will note that the daily chart signalled a buy signal recently in the stochastics...

And the weekly chart has a golden cross coming between the 50MA and 200MA...


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