![](https://investorshub.advfn.com/uicon/60698.png?cb=1502808242)
Friday, September 07, 2018 6:53:59 PM
RSI did reset quit a bit to close this week.
Is it true that license decision is only made on Friday? If that is the case then it means we have another 5 more days of potential consolidation.
Perhaps there is selling follow through Monday and Tuesday, then the September 12 party which could put a floor in the selling and lead to a bullish reversal and somewhat flat prices into end of next week, then license next Friday leads to a new blow off price move higher ?
The bottom line is that the canadian symbol met resistance at 3.24 level and the selling at that zone was to be expected from previous holders who wanted to get out last year.
So a few more days to clean those sellers out then opens the door to attack 3.24 again and succeeding above 3.24 opens up to much less resistance and blue sky type price action
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM