Still feeling bearish, but for now some short term bullish signals .
As long as we don't see some change of trend, like sideways consolidation or a bonce to break the downtrend channel we must be careful of catching a falling knife.
the number one thing i would love to see to convince me of change of sentiment is capitulation in volume.
price did hit an attractive range in the 70ish cents, how ever i am laddering down my buys. I still expect a retest, latter on with time. maybe even lower prices. nothing is for sure, but if long term investor, we just hit a nice buy range.
Still checking the monthly chart for any bullish sentiment. Getting close in the stoch rsi.
Very over sold
Sharing just my personal opinion, i don't think anyone knows how low or high this will go. how ever im not a financial advisor.
As long as we don't see some change of trend, like sideways consolidation or a bonce to break the downtrend channel we must be careful of catching a falling knife.
the number one thing i would love to see to convince me of change of sentiment is capitulation in volume.
price did hit an attractive range in the 70ish cents, how ever i am laddering down my buys. I still expect a retest, latter on with time. maybe even lower prices. nothing is for sure, but if long term investor, we just hit a nice buy range.
Still checking the monthly chart for any bullish sentiment. Getting close in the stoch rsi.
Very over sold
Sharing just my personal opinion, i don't think anyone knows how low or high this will go. how ever im not a financial advisor.