Re:Breakout…Todays key daily reversal (lower low and high high than yesterday with a higher close price) is bullish and encouraging.
Even more so is that possibility of a key weekly reversal. Today our low was lower than any trading day last week. We need to see a trade over 0.40 this week and a close above last Fridays 0.37 close. I find a key weekly reversal rare a enough occurrences to be of interest since a close over 0.37 would be a very bullish sign.
In my experience when technicals align with the fundamentals the signal is very compelling. Let's see how the rest of the week plays out ...