InvestorsHub Logo
Followers 42
Posts 1152
Boards Moderated 0
Alias Born 03/24/2021

Re: None

Tuesday, 09/28/2021 4:07:58 PM

Tuesday, September 28, 2021 4:07:58 PM

Post# of 198822
Safe to say we broke out to the upside of the ascending wedge! Today also confirms a bollinger band breakout (not shown) and the candle is engulfing (extremely bullish, gap up with no top wick)

The blue line on this chart is the 200 day moving average. At this point I expect tomorrow's candle to climb at least that high (with probably a tall wick above it) but if we get a news drop this could easily hit the .25-.30 range. I don't see how all this momentum could u-turn but if it does, price would fall into the gap at .155

RSI positively exploded out of the old range and the daily chart hasn't looked this good since the run to .30 in June. Although there was a significant volume uptick, it's important to note that news hasn't dropped yet and big volume hasn't come in yet which makes the chart setup pretty fabulous.

GLTA!