Everytime it hits the 0.036 - 0.037 support level, it bounces hard, but I'm not so sure it will hold this time. I would have personally liked to see the 0.040 level hold as support but it was broken today. Feasibilities are due soon meaning more sellers are likely to come into action as reality sets in (see link)
Not overly excited, but not bearish either. It may possibly bounce from the 200ema, which may be around the low 30s.
Promising long term stock, just not for the time being IMO.
Not overly excited, but not bearish either. It may possibly bounce from the 200ema, which may be around the low 30s.
Promising long term stock, just not for the time being IMO.