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XenaLives

05/07/19 1:13 PM

#226154 RE: Sojourner55 #226075

I think this chart gives a good idea of potential and resistance situation. I use a 21 day rather than a monthly in order to avoid PAINT.

Note the Volume by Price bars at left. I believe they are the best indicators of support and resistance and this one is really wonky. I believe it shows the stock will be difficult to control on a break of $.40.

The FTR is the best leading indicator of institutional interest that I can find. Again it's very dramatic, showing continued buying from August 2016 even though price has been held down by dilution.

MACD is neutral,
OBV shows some nice buying events.
Aroon +- is in positive territory
And the Chaikin Oscillator is about to pop.

Overall bullish.