On the daily and weekly both charts on the MACD show some south ,movement while I was pasting up the head and shoulders.
I will be looking for a good buy in a day or two to jump on the ride north as soon as MACD start to show a change.
Looking for Tips and education so feel free to comment.
I've been watching this one for a very little one waiting for some news.
- News drop and bull pushed and found some resistance at 5c.
- after over a week it looks to me as resistance has thinned out.
I think we are on a new upward trend
Following on from the reversal setup a few days ago, ACW has confirmed the reversal with a higher low. Should see continued rise, albeit slowly, driven by improving FA and expectation of trial results and updates.
ACW has put in the early stages of a reversal. Low rejected on good volume. Next few days will confirm this possible reversal. Good FA and expectation of results mid year should provide a good catalyst.
It appears some value is being seen at current share price. Interesting one to follow.