posted
XRMD looks like its ready for another run up! Hit resistance this past week. Anyone else riding this one? Im in @ .29. Good Trading!!
Posts: 59 | Registered: Aug 2003
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posted
I think you were a tad early about when it was going to run up, but I totally agree. Trading range is extremely tight, volume is drying up, and it is at support, but may drop to .25, which may be the actual support level.
Also, while it is short term, bring up the 1-month chart and you will see some positive divergence. Very bullish sign (among a few)
I got this one on my streamer this morning, and will be looking for an entry point of 0.25-0.27. If the chart doesn't lie, we would easily see it run up to 0.40, and if it ever kept moving past that level, we could see it approach it's highs this summer of 0.90 in a few months.
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