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Friday, March 23, 2018 9:26:05 AM
Yesterday was a long red candle, again with small shadows. Today I think we could see .15-.17 tested and bought up similar to how the .12s were bought up on 3/15.
This would establish a higher low and keep us moving above the 20SMA.
Bar Chart
Alternatively, we could bounce right off the 200SMA on the 10day/30min chart and move up today. Our RSI isn't quite oversold yet on that chart, so I think we'll need to see how the first hour of trading goes to see what trend emerges.
All my shares have been held since .02-.05 and I'm not looking to buy any more right now, so I'm hoping for a nice bounce and big green day!
Either way, should be a nice day to accumulate more shares if that's what you're looking to do.
GLTA
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