Latest TAHey Mates,
Here are the latest Fibonacci numbers
as of yesterday's close. Yesterday's shakeout was primarily the result of some insider selling, and not reflective of the strengthening sp moving forward.
Frankly we need some consolidation on reasonable volume around the $4 range to establish solid 5+
Confluence before it is safe to assume upward momentum is again in play.
RSI and MACD continue to remain within reasonable levels, and there remains, in the true market picture, little upside resistance in the near term.
Cheers,
Brit .................
Support/Resistance
| Type |
Value |
Conf. |
| resist. |
4.27 |
1 |
| supp |
3.74 |
8 |
| supp |
3.38 |
2 |
| supp |
3.29 |
7 |
| supp |
3.10 |
4 |
| supp |
2.94 |
6 |
| supp |
2.76 |
3 |
| supp |
2.59 |
2 |
| supp |
2.43 |
6 |
| supp |
2.19 |
12 |
| supp |
2.07 |
4 |