Price today is trying to break a 30 min downtrend line, not yet confirmed as of this post. Buying volume is up, but not very high. This move follows nicely after the unusual sell off I noted. Stochastic %D is just moving up over 80, which will lead to more buying.
If stock does not break over resistance now it will pullback (maybe consolidate) before making another leg up higher. That should break and hold the yellow line if more upside on the daily chart is to come.
If stock does not break over resistance now it will pullback (maybe consolidate) before making another leg up higher. That should break and hold the yellow line if more upside on the daily chart is to come.
