STORJ is undervalued relative to peers. Downward momentum is dissipating, and an inflection point seems close at these levels.
Expect a a move up to/above previous trend in due course, but will wait for higher volumes, and clearer reversal of down trend.
Expect a a move up to/above previous trend in due course, but will wait for higher volumes, and clearer reversal of down trend.
Trade active:
Getting some really good volume now ... it's starting to bounce
Comment:
It put the hammer down sharply on the uptrend line and support line, bouncing strongly off this level.