This is a stock I was hoping to see a bullish rally emerge in but it now looks like the opposite is suggested. The yellow line was a long 11 month consolidation period that now looks like we may not see a confirmation. (still possible but not in the next month). More likely however, I believe this stock will go down. Monthly stochastic showing a crossover and slight divergence indicating a potential reversal.
MACD crossing over too.
RSI has indicated oversold for about a year and a half.
Price has stayed below the upper Bollinger for the first month since it was above from Mar 2017 to May 2018.
MACD crossing over too.
RSI has indicated oversold for about a year and a half.
Price has stayed below the upper Bollinger for the first month since it was above from Mar 2017 to May 2018.