Adding moving average (blue line) as reference to read the trend. Current price shows early sign of rebounding from 200 days of moving average line as well.
Saturday, December 10, 2016
Chart[33] - CNMC Goldmine
The counter has been falling in price since mid Nov. Spike in buying volume was seen last Thursday. Immediate support formed at 0.41. Looking backward, strong buying volume happened on July, August and early Nov as highlighted below. Shall the uptrend be forming, strong resistance will be ~ 0.5
Adding moving average (blue line) as reference to read the trend. Current price shows early sign of rebounding from 200 days of moving average line as well.
Adding moving average (blue line) as reference to read the trend. Current price shows early sign of rebounding from 200 days of moving average line as well.
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