Mesa Air Group, Inc. (fka MESAQ)

[Wheeeeee]

Im guessing 0.29 will be the usual bitzhfight area. 0.3 might be a transition area into a wedge where the price might pingpong between 30 and the lower support.. but i doubt it. in the past 30 has not been a problem. its more the 29.

30 will be the obvious area for a 2 cent retrace which would correspond to a nice 1k scalp :)

It has to be said that the ADX is making lower highs while the price IS making new highs. This is negative price divergence and im not really used to this pattern, so cant guess what that is telling me
All in all the trend looks healthy, higher lows higher highs.

Even with these mixed signals I am strong bullish here for this is very undervalued and mostly due to the usual dead giveaway of price retrace wihtout confirmation by OBV.

This thing is a bloody ATM machine WHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE