I agree with the pole and the flag pattern, and would like to see a break to the upside mimicking the pattern we just saw a few months ago when it finally broke away from 1.00, but am concerned with how the 200-day and the 50-day are crossing over after just having broken through support on both. Also, that gap about 30% lower has me thinking that there will be continued pressure to get that filled. Hoping the gap well below $1.00 is not going to get filled.....ever.
Thoughts on these concerns?
Thanks.