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Re: C-20 post# 130281

Saturday, 11/21/2020 11:16:33 PM

Saturday, November 21, 2020 11:16:33 PM

Post# of 233619
The pps has been closing at or above the middle Bollinger band currently 2.47). Which, for me, means the offense is still on the field. But there is a formidable defense on the field as well in the downtrend line, a "Cross of Death" signal (50 day sma crossing below the 200 day sma).
With the MACD, PPO, PMO on a bullish cross it adds to the mixed signals

I still look at the chart as a massive pennant formation with pps pushing to try and break out of the pennant.

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