We have broken out of the long term falling wedge and broken above the 20MA as well. The descending triangle the RSI was trading in has also been convincingly broken.
One thing I find interesting is that the 20MA seems to be forming a double bottom at the exact same position. If past performance is an indicator, we should be seeing significant movement upwards in the next few days.
Disclaimer: I am not an expert, and this is not trading advice. Charting what I see.
One thing I find interesting is that the 20MA seems to be forming a double bottom at the exact same position. If past performance is an indicator, we should be seeing significant movement upwards in the next few days.
Disclaimer: I am not an expert, and this is not trading advice. Charting what I see.