Full Moon jitters maybe. The really interesting thing about the full moon is that more often than not it triggers a rally. I now see a bullish divergence setup on the hourly price chart now and the market is still oversold so, I'm holding on to my shares.
Hourly Chart Analysis - We have 4 Bullish divergences on the hourly price chart (seen below) between the Price and the RSI, ULT, Stochastics and &R. Just one bullish divergence is generally considered a buy signal by a lot of technical analysts. Anytime I see all 4 oscillators diverge from the price, I get excited. In my opinion, we will see higher prices in the coming week.
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