Cytodyn Inc (CYDY)

[hopester]

I see you need help in T/A.
1) The charts along with their indicators demonstrate trends and "indicate" the positive and negatives implying a continuation of those trends.... ie future expectations.
2) The chart and its indicators are not reflecting any confidence in FDA approval at this time. If it did, it would be reflected in the sh/px as the market is a discounting mechanism. Whether the FDA rules favorably or not, the chart is not confident it will. If the chart and the indicators were inclined to believe they will you'd see a change in trend and a change in indicators.
3) Without knowing which way the FDA will rule, you have nothing to go by but what T/A tells. Or you can guess and take a wild chance on hope; which is not the way to make intelligent decisions.

I go with the TRENDS and not the Hope in making investment decisions. When the trends and indicators change and the charts reflect it, I change with them. For now, Trends are DOWN despite a meager improvement yesterday in a couple of indicators which still need to prove themselves.