Replies to post #75 on Cardinal Resources Inc fka CDNL

[ospreyeye]

$CDNL Chart - Bouncing nicely today - the 50 DMA @ 0.056 is the Key level to close above & turn into support - the last close above the 50 day simple moving average was back in the 1st week of May - $CDNL failed to turn that level into support & a pullback followed - going forward candles forming above the 50 DMA = upside potential & candles forming below the 50 DMA = downside risk -