Post by
sghorb on Mar 29, 2021 6:05pm
Still haven't bottomed yet
The RSI on weekly is a more accurate indication of where this is heading to. It also seems to coincide with the 200 week EMA. I think this is headed to around $6.70 - 7.00 before we see another run up. I will definitely come back in at anything under $7.
Just keep in mind, if we actually do approach near the 200 week EMA then there is also a possibility of breaking that, which is very bearish if we break that. Just keep your eyes at the weekly 200 EMA. a bounce there with lots of volume and we will fly big time.
Comment by
sghorb on Mar 29, 2021 8:44pm
meant to write 100 EMA, not the 200 EMA.