Conclusion drawn by the following indicators:
Short term.
1. Linear regression channel tells us that the price has historically headed firmly into buy territory when it passes over the equilibirum.
2. 20 Day moving average at possible turning point.
3. Price has bounced off lower bollinger band.
Long Term
1. MACD shows strong momentum into bullish territory.
2. CCI shows move across the channel to buy.
100 day moving average is still down.
Short term.
1. Linear regression channel tells us that the price has historically headed firmly into buy territory when it passes over the equilibirum.
2. 20 Day moving average at possible turning point.
3. Price has bounced off lower bollinger band.
Long Term
1. MACD shows strong momentum into bullish territory.
2. CCI shows move across the channel to buy.
100 day moving average is still down.