Which makes the TD Sequential Weekly Chart as Bearish...
(i) Need to stay above $0.034 (8-day moving average) to hold
(ii) If support of $0.032 is broken, confirmed bearish signal may bring the PPS to $0.019
(iii) Yesterday's low of $0.03 is below the 50-day moving average of $0.0319.
(iv) Yesterday's close of $0.036 (painting) it to close the PPS above 8-day moving average of $0.0349. But for all intent and purposes, death cross has been formed sometime April 6 when the 8-day moving average ($0.0349) fell below the 21-day moving average of $0.0365.
TD Pressure is high at 86.04. Not good.
So, why do we slap the ask when there's a bidwhacker around?