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Support/Resistance:
As mentioned in last two weeks, the chart has formed a very big symmetric triangle. The chart has just touched the major support at $3.00 It is still unknown whether it will break up or down. The major resistance will be at $3.50.
Indicators:
Looking at the MACD, RSI and Stochastic, it may not be a best time to buy or sell in my opinion.
My Target Price:
My target sell price will be $3.50.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
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