Price Action on Pump

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Bullish on the downward wedge, last week on 04/06/16. Upward trending wedge, possible for a short ride to resistances @ $3.55 & $3.69, before retracing south.

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ملاحظة

Going strong at $3.51! Keep pushing baby!

١٣ أبريل ٢٠١٦

ملاحظة

Upward wedge again, potential for a reversal if it strays south of the extrapolated line.

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ملاحظة

Despite the wedges, based on the 60 outlook a subtle ABCD Sell pattern can be loosely overlayed. Examining the RSI indicators may give more insight.

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ملاحظة

*Clarification: Bearish ABCD pattern. Considering entering position after it taps $3.36 for a reversal.