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See it for yourself and make your own judgement.
Support/Resistance:
It is near the lower line of the major uptrend. It seems to be a good buying opportunity. It also seems to be breaking out of the minor downtrend, this week and next week should confirm the move. One thing to note, the price movement has been around $3 for many weeks already.
Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are neither high nor low meaning that it is not a time to buy or to sell.
My Target Price:
My target sell price will be $4.00
My target buy price will be $2.40
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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