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Citrati

08/22/15 5:56 PM

#3777 RE: TheHound #3750

Hound how do you see this resolving?
http://stockcharts.com/h-sc/ui?s=ADXS&p=D&yr=0&mn=8&dy=0&id=p01567190476
It is holding the uptrend line 6.87 through 13.04.
Sitting right on august S1 and just above flattening, but still rising 200 day.
Maybe Aug double bottom.
adx trendless black, but +di and rsi potential higher lows and positive divergences.
Up on a huge down market day friday.
macd not ready to play yet, but at zero.
$64 question. Does the 13.74-14 zone hold as support?
Seems Monday should be an up day given the friday carnage, if for nothing else than draw sheeples back to market for further fleecing.
Haven't been a follower so not up on the fundamentals and coming catalysts. Just looking at chart.
Thanks for your thoughts.