ATNF Reversal
ATNF has made higher lows since it gapped down in mid August. The price is still oversold with an RSI just under 50.
The most recent candles have tested the 200MA and the .23 fib levels. Yesterday's candle made an inside bar which is a bullish signal in an uptrend.
Looking for the price to move over the 200MA, preferably with volume to confirm.
Targeting the fibonacci values: 1st $7.46 longer term $11.75
The most recent candles have tested the 200MA and the .23 fib levels. Yesterday's candle made an inside bar which is a bullish signal in an uptrend.
Looking for the price to move over the 200MA, preferably with volume to confirm.
Targeting the fibonacci values: 1st $7.46 longer term $11.75
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