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What I see...
+ Bullish Engulf candle closed above 50MA
+ RSI has just crossed above 50 and rising
+ MACD is flat at zero
+ Bollinger Band is squeezed with prices breaching to lower band indicating over-sold
- Failed to close above 10MA
- MACD is merged and flat
- Major Resistance at...
What I see...
+ Side way move within channel since prices gapped up back in mid-April
+ 10MA crossed above 50 MA for the first time since March
+ Vol. spiked up a little while the hammer bar was painted on Friday
+ RSI appears to be bouncing off of 50
+ MACD is very close
- Both 10 and 50 MA are under 200MA
- MACD could cross below the signal line
- Long upper...
