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brharris

10/27/14 11:42 AM

#8944 RE: mick #8943

We will see how it plays out but I see a very bearish chart, doesn't mean it can't change quickly. I am long with a good entry point so I will wait a few more days to see.

RSI(14) at 33 is bearish (nearly oversold)
MFI(14) at 29 is bearish
MACD has crossed but way below 0

both would need to be above 50 to be bullish
The RSI(5) would need to be about 70 to be bullish

Just my opinion man. I hope this pops back above 3.00
Good luck