MYSQ - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...3sEX8RnWfEfU6S+dUDM=
The weekly here shows how this has been held in this falling channel...
MYSQ - Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...AhbN3use5WVOvBbVA%3D
The close up on the daily shows the recent bullish rsi divergence...
I like the way it broke above the 20 an 50 day ema line, and is holding above them on the dip back.....I think its the start of a decent move higher, aggressive traders(or cowboys like me
) would already be long...
Cautious traders would wait for a 3 closes above the 200 day ema line or a weekly close above the 200 day ema line...
Or for a 1,2,3 low at around 4.10p before taking on the long side here...
i'm long, and will add a second position if it dips any further....stop below 2p (for now)...
atb, wdik, dyor,
trendfirend