Popped up on my radar, iam liking the look of this setup, had to play
Daily - looks like a move to the 200day MA is playing out at $0.415, however based on the strong indicator signals, I don't think this will be the end of the move and expect a continual move higher in the short term.
Like the fact that MACD is back above the 0 control line and trending positively, RSI is heading north and still someway off being 'over bought'. I don't mind the fact that the stochastics are in 'over bought' territory at the moment, as the other two signals are still trending in the right direction and we can feasibly see a large move play out with the stochastics in this region. If you look back to the move in Jan 2018, the stochastics were over bought at 40c, to further see a move to 70c in the following weeks.
Weekly also looking solid, moving from good SMA levels. MACD crossing over to a positive break, to signal the end of the downtrend that played out from Jan 2018. Stochastics also crossing over and starting to trend north once more.
RGI Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held