Now today was a good day! Of course I have to crystal ball, but from the looks of things, the fun here is just beginning. Consider this 'Week 1'. I'll be looking for a confirmation that this is the beginning of an emerging uptrend on Monday.
Some technicals:
Specifically, I'll be looking for a nice long green candlestick marking a bullish engulfing pattern (although today's candle was actually a confirmation on the emerging uptrend from earlier in the week remaining intact).
The weekly average volume increase with an upward responding pps is significant (24.2 mil 5-day average...when was the last time MCLN did that?)
Based on today's trading resistance levels for Monday sits at .0062 , .0071 then onto .0091.
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