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BIOL Bullish Swing

NASDAQ:BIOL   Biolase, Inc.
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BIOL has been dowtrending and is reversing into a rally that could last a few days. Those green lines are resistance zones that come from the 1/3 and 2/3 line. Parabolic SAR just gave a buy signal. RSI is coming out of an oversold level and in the recent past its had multi day rallies following a rebound from the oversold level. MACD is about to positively cross over. Price Oscillator is converging on its moving average.
Penafian

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