Outlook - Track closely for rebound in the week. Enter and follow market up to around $2.6 and take profit.
- MACD - Dipped to the lowest levels seen in 2 years. Some suggestions that MACD is about to turn upwards (green histogram bars) but still needs more confirmation in the coming week.
- RSI (25d) - Touched 30% firmly. Over the last 6 occasions in the last 2 years, whenever RSI did hit 30%, a rebound in stock price usually followed.
- Bollinger Bands - Very wide bollinger bands and volatility for profit play. Price of around 2.45 is ...