Resonate Blends Inc (KOAN): Bullish trend resumes. Today’s share pri...

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Re: pennypropicker post# 38989

Thursday, 10/25/2018 5:00:57 PM

Thursday, October 25, 2018 5:00:57 PM

Bullish trend resumes. Today’s share price closed up 27%, having retained 75% of its gains and crossed the 20 and 50 day SMA’s. We haven’t closed above the 20 SMA since October 1. MACD is looking good and ready to cross if we have a second consecutive green day. This should set us up nicely on the weekly chart with a very bullish signal, having set a higher high this week vs last week. As of today the weekly pattern is a tweezer bottom, another bullish signal.

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