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See it for yourself and make your own judgement.
Support/Resistance:
The price has gone down further to $0.515. It would be another opportunity for me to add in new position. The major support will be at $0.46 and the major resistance will be at $0.72.
Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are going down. This may mean that selling momentum may be building up.
My Target Price:
I am waiting for the price to reach $0.50 to $0.505 to add in new postition.
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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