why do you ask? probably gonna range or do a drop towards the lower 0.60s/0.50s
why is it possible to drop or consolidate? because there was an abnormal volume on early September. this abnormality does not happen often. if we take that huge candle as a storm, what you see before and after this candle are the calm before and after the storm.
the drop or consolidation may or may not be finished. that's what you have to find out.
indicators are inferior to price action and volume. and a doji can occur any time without seeing the expected effect/reaction happening.
understand I did not say that there is no uptrend nor it cannot go up further. of course the main bias on the entire chart is up.
I don't trade stocks (this seems to be a stock). it would be interesting to see what happens after a few days or weeks. keep us posted.
Haven't you already asked that same question here: http://www.trade2win.com/boards/technical-analysis/157928-how-would-you-interpret-chart.html
Didn't like the answers??
So you are looking for everyone to say yes it's going way up?
Forget the wedgies, flags, inverse upside bullish harami dojos or whatever...It's a low volume, highly manipulated, pump & dump penny stock. IMO you are likely to suffer a loss before you see the highs again if you don't get out soon.
1. If I was satisfied with the answers, would I open a new thread? Good job Sherlock
2. "So you are looking for everyone to say yes it's going way up?"
Sorry, not nearly as stupid as you look
Looking to test support 60 imo.
What was your target when you entered the trade?
You ask a load of stupid questions, and you're not really interested in the answers. You really are a disgrace. You've got no chance. Keep building your post count.
That's funny, the HF I work for probably pays me more in a month than you make in a decade in your mom's basement.
Don't be shy, just PM me if you want a donation, okay?
Tell me again how smart you are please.
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