yes a stalemate.
A look at indicators for clues reveals some hope. Hourly as mentioned has now formed a bullish cross in momentum / however, as pointed out the momentum in the the daily is not so bullish or uptrending / however momentum as the name suggests, is a lagging indicator. I had a hard look for some positives in the daily as see the stochastic are in over sold territory and looking to turn up, and the william % ( which is a more complex momentum indicator ) is hopefully bottoming out at -100. Looking at the chart is has a good history of picking bottoms. And lets hope so.... The only stock I'm holding and not without some nerves.
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- interesting chart set up
yes a stalemate. A look at indicators for clues reveals some...
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