Weekly GMMA looked like it is still holding the uptrend. The price has weaken a little. Let see the daily price below.
The daily price showed that it might have built a new uptrend channel. The GMMA has started to separate between traders group and investors group.
The price recently retreated to just 50% Fibonacci (2.60) and bounced. Since it has taken out recent 2.78 high, the price is now heading towards 2.90. Once the MACD Histogram turned upper half in green, it is confirm that this stock heading higher. Watch out.
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