This is a very kick ass setup that has the potential to go parabolic. The float is microscopic at 4.2M shares and the energy is getting hot.
The price closed above the 61.8% fib ($1.14) which was prior resistance. Also it broke out of the descending trend line on the weekly.
Last but not least the MACD cross is bullish AF. Love the MACD indicator.
The price closed above the 61.8% fib ($1.14) which was prior resistance. Also it broke out of the descending trend line on the weekly.
Last but not least the MACD cross is bullish AF. Love the MACD indicator.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.