Stella Diagnostics Inc (SLDX)

[ospreyeye]

TDEY Chart: working on breaking several resistance levels......MA's(10, 20, 100 & 200) getting tested today........looking for a close above Middle Bollinger Band/MA(20) @ 0.0011......once TDEY starts forming candles above the Middle BB a new uptrend can begin.......

Take a look @ the May rally.......TDEY & all stocks run in the very Bullish Upper BB channel between Upper Bb resistance & Middle BB support......when stocks are breaking out they ride MA(10) support on the way up.......that's what you want to look for if you're long......candles forming between Upper BB resistance & MA(10) support......as the May rally shows TDEY runs hard in the Bullish BB channel......

As this chart shows stocks are in a downtrend while trading in the Lower BB channel between Lower BB support & Middle BB resistance......right now TDEY is in a downtrend,,,,,it has been since Middle BB support broke the 2nd week of June.......checkout how the Bollinger Bands have been heading down along w/ the share price.......this clearly shows the downtrend........

What to look for now?......the key for TDEY & all stocks for that matter if you're long is to start making candles is the Bullish Upper BB channel......the 1st step in reversing a downtrend is to break Middle BB resistance......TDEY is working on that now......solid base forming @ 0.0008.......as long as 0.0008 support holds and TDEY start forming candles above the Middle BB a new uptrend should begin.......

TDEY on New Uptrend radar..........$$$