Aggressive Trading Strategies

[Mel7]

OSEE .07 instant analyst Daily Opinion: BUY
Wednesday's very Bullish (up) move is accompanied by increasing volume (230% of average), suggesting a continuation higher on the next bar.

The stock has support at 0.06 and 0.05. If the stock breaks down through support at 0.06 then it will probably continue lower to 0.05. The stock will meet resistance at 0.13 and 0.14. If the stock breaks up through resistance at 0.13 then it will probably continue higher to 0.14. The 200-day moving average is at 0.01. This will also act as support. The stock is neutral according to the Stochastic Indicator (63.50).