Maybe a small corner has finally been turned here.
Limited selling depth to speak of and an interested buyer.
Chart seems to have finally built a base, broken the downtrend and heading the other direction on the Daily and Weekly, with the Monthly slowly turning around. Even Barcharts rates it an 88% buy which is quite high!
Barchart Technical Opinion
The Barchart Technical Opinion rating is a 88% Buy and ranks in the Top 1% of all short term signal directions.
Longer term, the trend strength is Maximum. Long term indicators mostly agree with the trend.
The market is approaching overbought territory. Be watchful of a trend reversal.
The buy/sell depth suggests that very few sellers are left and a big buyer is keen, but whether they are willing to push the price higher to accumulate will need to be watched closely.
10 buyers for
267,024 shares
6 sellers offloading
16,341 shares
Low market cap could see this move up a bit on any decent news.
