technical analysisWell I'll say that the chart has been improving lately. The moving averages were running parallel in the south direction since May ( selling time) and now are getting closer and will soon cross as the price has bounced off of year lows. So these will likely cross within 2 weeks and confirm a trend reversal. Price rising lately as others including me have seen this in the chart and bought. So with assay news forthcoming from late september to december, this should support the trend!
I think we are seeing the same pattern as what occured in December when the moving averages crossed. Momentum, MACD and RSi shoul soon turn positive and based on the volume as of lately. 40-50 k shares out of 60+ million, strong hands are not parting, except for maybe the inpatient, mallgirl. Should see $0.53 when the rally is done unless assays blow us over a $1.
