topswattashawn

topswattashawn

We are charging towards the vertex of this descending channel (a bullish reversal pattern). If you zoom in, you will see we have formed what appears to be a bull flag with a target that puts us at a closing price above the 20 EMA. If it plays out, this will be the first time we have a definitive close above the 20 EMA since 26 April. Unlike many other chart...

topswattashawn Updated 

It took 473 Days from the bottom to parabolic moves last market cycle. 473 days from bottom of this cycle puts us atJune 29. Fingers crossed for the fun to come!

topswattashawn

Alright Zerp, let's go. THE ANALYSIS 1). Finally closed the week above the 20 EMA for the firs time since the $1.96 local top, which I consider as our breakout and back test of the 3-year support/resistance line, as well as the downward channel from last cycle top. 2). Weekly RSI (52.67) is almost identical to the 2017 breakout level which was 52.19. 3). We...