Replies to post #87066 on Cytodyn Inc (CYDY)

[d0lphint0m]

We are blue sky so there is no resistance. We are still in the initial breakout phase from pinched Bollinger Bands breakout and MACD, PPO and PMO crossing up just as happened in December and March.
A healthy chart would give us another step on the staircase that we have going. We are in day 5 of the advance and we are overbought but as I said before we can stay overbought for a long time as happened in December. We ran for 10 days before a 5 day 40% correction. Then we started on a roar again.
Corrections are healthy.