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MACDaddy

08/21/21 7:38 AM

#13909 RE: Rakbors #13908

$BLUU - The ONLY reasons why this POS is still of interest...

Monthly MACD & Monthly MACD Signal Line both above 0.000. Positive.

Monthly MACD is still above the Monthly MACD Signal Line. Positive.

Daily MACD still hovering around the 0.000 line, with possibility of a positive cross above. Positive.

Weekly SMA 200 at 0.0004 = Support.

Monthly SMA 50 at 0.0003 = Support.

Daily & Weekly technicals in oversold territory. They don't stay in oversold forever.

IF the Daily MACD crosses above the Daily MACD Signal Line, there's still a chance for something positive to happen here.

Other than that, $BLUU is garbage unless something positive happens on the fundamental side.

jmo