Price Action on Pump

13 Nis 2016

Bullish on the downward wedge, last week on 04/06/16. Upward trending wedge, possible for a short ride to resistances @ $3.55 & $3.69, before retracing south.

13 Nis 2016

Not

Going strong at $3.51! Keep pushing baby!

13 Nis 2016

Not

Upward wedge again, potential for a reversal if it strays south of the extrapolated line.

14 Nis 2016

Not

Despite the wedges, based on the 60 outlook a subtle ABCD Sell pattern can be loosely overlayed. Examining the RSI indicators may give more insight.

14 Nis 2016

Not

*Clarification: Bearish ABCD pattern. Considering entering position after it taps $3.36 for a reversal.