pntv chart
I would agree with mansion
Back in Dec., the 50 dma switched form support to resistance, but since the end of Feb., it has switched back to being support.
MACD has come back up to zero - my guess, it will stay here until the next leg up begins - could be a few weeks, could be a few hours.
Aroon Red indicator has gone below 50.0, so the selling pressure is in the changeover period. This can also take a while under normal circumstances.
As always, positive news trumps charts. Next key PR should be the approval of the State of Nevada.
Forward looking statements about revenues are about all we can hope for until the rev's kick in. Then there will be no turning back.
Chart shows a typical entry point, imo. I see a possible low of .019, because of the first big white candle happening there back in late January, but would not be surprised if we have the 52 week low behind us already.
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