Alternative scenario: the downside breakout of 0.317 would call for 0.293 and 0.279.
| Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Rise |
|---|---|
| Change In Short Term View | Rise to Limited Rise |
| Medium Term View (Bullish, Range, Bearish) |
Bullish |
| Change In Medium Term View | None |
Our pivot point is at 0.317.
Our preference: as long as 0.317 is support look for 0.388.
Alternative scenario: below 0.317, expect 0.293 and 0.279.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA (respectively at 0.33 and 0.32).
Supports and resistances:
0.403 *
0.388 **
0.374
0.335 last
0.326
0.317 **
0.293 *
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