MA chartI picked some random MA's, albiet they have shown breakouts & breakdowns quite well. This chart tells me two things (the red line's not as important as blue & green). Blue shows resistance and green shows support.
If MGW hits the green line (11 day MA) at $0.42 it will take off into the stratoshere off that line on volume. Blue line resistance coming down at a faster pace is causing some SP decline at the present... in the end it comes back as an easier target to beat for a breakout. Get it?
MACD should tell you the breakout will be an easier battle... looks a lot like Sept '17 right now. Just sayin'
SP only needs to hold $0.45 to $0.46 for the 11 day MA to continue to an upwards trend, which is what started at the beginning of Sept '17. Probably a week earlier and the volume last week was definitely selling, so not exact. But enough to try to make [maybe post?] some of your own charts?
https://schrts.co/eYbt6z