Cytodyn Inc (CYDY): I disagree that the chart is bearish. It...

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Re: hopester post# 81952

Wednesday, 06/03/2020 8:37:54 AM

Wednesday, June 03, 2020 8:37:54 AM

I disagree that the chart is bearish. It is above the 50 day ma and 200 day ma. We are in a Golden Cross signal for months. The Bollinger Bands are pinched with lower band at 2.85 which we held again yesterday. If we break below the 50 day ma on a close and on volume (2.75) then I would pull in my bullish horns but as of now this looks like a setup udentical to the setup just prior to the last leg up.

http://stockcharts.com/c-sc/sc?s=CYDY&p=D&yr=0&mn=3&dy=10&i=p31890970200&a=761123232&r=1591187310951

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