Obviously risky because its a penny stock and long term down trend but it looks like there may be some upside here. Also bullish divergence seen on RSI
After closing at .72, even with the news about .54 warrants being issued after hours on 3-27, AYTU still recovered to .69 when the night was done. Traders should take note the daily chart gives us lots of reasons to like this as a swing play since March 23. 1. Higher highs and lows 2. Increasing buying pressure/volume 3. RSI approaching bullish 50 cross 4. ...
watch out for key resistances. had a small push on AH, could hold gainz, good volume too
I expect some resistance at .54 where the warrants will exercise. but a move to 1.28 is underway