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Support/Resistance:
As mentioned in the last two weeks ago, the price has been remained close to $3.00 for quite a while. There is still no confirmation on breaking out the symmetric triangle. I believe that a big price movement is going to come soon. Major Resistance will be at $3.50 and major support will be at $2.50.
Indicators:
For MACD, RSI, Stochastic, these three indicators are showing mixed signal.
My Target Price:
It will be a good buy @ $2.50 and a good sell @ $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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