50/200DMA Remain falling and worrisome

14 Mar 2016

Still price is attractive but needs one more shake-up to test a new or previous 52wkl before we head above $20. Recent volume increase on down days is indeed worrisome but last 50-days up days had a higher volume than down days which indicate price under accumulation but that seems to weaken last few sessions and price was also weak. Trade less and save more!