Mesa Air Group, Inc. (fka MESAQ)

[Wheeeeee]

Dunno previously we were in a strict pattern.
None the less hourly speaking:
RSI is turning up 60ish that is strong trending
OBV still has to break highs
Stoch are looking ok, bounced off of oversold
Im guessing 0.165 will be resistance and 0.20 a strong resistance area.
Support are the moving averags.

Daily speaking price is above the moving averages and those are looking NICE!
http://rt1.c.prorealtime.com/ProRealTimeNew/tmp/img_12483717321595.gif
Nice and tight with the 20 and 100 ma about to cross above the 50 ma
MACD looking good crossing above 0
Stoch moved out of oversold and is rising
Adx is increasing (trend indicator) but nothing serious.
0.18 is the 200 ma.. that is a biggy, Dont expect that to break without news. Other than that price seems to be in a large wedge formation.


Tactically speaking:
MMs tried shaking out more shares arount 0.11 but noone wanted to sell. So they might try higher ranges to accumulate.


anyhoo im just gonna sit back and hope for slow increase. If we get spikes I'll tap out my scalp shares and attempt to rebuy lower for more free shares.