MOY
on the 30 minute chart we see a gap at the 0.195 area. this is probably gonna close the gap before continuing up. although MOY is in an uptrend and I think the worst is behind it.
the best thing that can happen we close the gap quickly and have a solid bounce (possible with support line at that level). I think this retests 19.5 soon.
alternatively, moy broke a channel shot up and continues with another bull flag. hate gaps. although Cater Worth says gaps normally comes in three's. so momentum can take this higher without closing gap. on the daily chart, moving averages show this is trending higher. momentum to the downside on the 30 minute chart seems to have peaked.
daily chart
View attachment 1434115
30 min chart
View attachment 1434117
