Daily: It's still above the 50DMA...Today's candlestick is a 'hammer'...The Bollinger Bands are squeezing together (so a move is coming! Which way? I don't know...I hope for all our sakes it's UP!), and the pps is closer to the lower band, so little downside is to be expected, the upper band is just under .05 so that's the potential upside...The RSI upticked today...The Stochastics are breaking up through resistance at 25....The DMI+ is still above the DMI- but downticked a little today...The MACD is upticking...The Volume increased a little today...A Good PR next week, and the Rally begins again!
Another look at today's 'hammer'...A break above .035 with the double-bottom breakout up and the Rally is ON...There was resistance four days at .041 so if it can bust up through that...Great!
10Day/Hourly: Here's the double-bottom with support at .025 and .027 Resistance at .032 .033 and.035 The Bollinger Bands had better start moving up...But I'm afraid the RSI and Stochastics will be topping out when it get's up to .035 The DMI+ is trying to cross up through the DMI- And it looks like a perfect MACD crossover is about to happen... If this double-bottom works, I project the upside to be around .043 if it can break through the big resistance at .041
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