FSD Pharma (HUGE) - accumulation before next move up
FSD Pharma looks like it is in accumulation, before a move upwards that could reach as far as the local resistance 'first trouble area' before retracing back down - there would need to be significant upswing in buying volume to go further than that.
Indicators -
Bollinger Bands looks awfully similar to how they did in July 2018 shortly before accumulation and bull run.
RSI shows price currently sitting at support level.
10 Day MA is pretty neutral, no major bullish momentum but not falling under either.
This would be a good play if buying in the green box and selling somewhere in the region of the first trouble area.
Indicators -
Bollinger Bands looks awfully similar to how they did in July 2018 shortly before accumulation and bull run.
RSI shows price currently sitting at support level.
10 Day MA is pretty neutral, no major bullish momentum but not falling under either.
This would be a good play if buying in the green box and selling somewhere in the region of the first trouble area.
