USGT Chart......Bullish engulfing reversal pattern forming today & a white Marubozu candle.....
the Buyers have controlled the action from opening bell until now & in the process are forming a bullish reversal pattern......
take a look @ MACD......Bullish Crossover today......signals the "start" of a new run......
The Key for USGT & really the most important factor technically is MA(10) @ 0.10.......once USGT "closes" above MA(10) a real reversal will begin......
Checkout the Orange dots......that's the SAR......Stop & reverse......orange dots above mean sell & orange dots below mean buy.......
The orange dots are getting ready to flip to a Buy signal......that will mean the share price should Stop dropping & Reverse.......
USGT is setting up......waiting patiently for the buy signal......once MA(10) is cleared the next resistance will be MA(20) @ 0.19........
USGT 0n close above MA(10) and have a Bullish reversal radar........$$$
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