Trending to ascending (take 2)

10 ก.ค. 2018

As far as i can tell POWR is forming a small ascending trend-line where it will continue upwards and push against resistance on the 50% fib. I suspect it will push past it hit some solid resistance as indicated by the zone around 38% fib.

Support seems strong.
Upward trend has started.
Bollinger Bands have tightened and we are crossed the middle.
RSI has plenty of room to move upward before being oversold
MACD are still separated but do concern me a little as they indicate moving closer together..

10 ก.ค. 2018

บันทึก

Trend appears to be breaking with a bearish engulfing candle. Next stop support @3987 sats

11 ก.ค. 2018

บันทึก

Well the it bounced well off support @ about 3981 sats and while it didn't follow my expected trend it bounced well up to the expected resistance zone.