Lets analyse the chart: The SMA20 is turning up while the stock closed (at 0.65) above SMA50 today. These are good signs of a possible uptrend starting out. But the fact that it also closed above the upper Bollinger band could somehow negate the push by the bulls. If it does climb (or crawl more like) up, it has to take out the resistances at 0.66 and 0.69 before going further up. The MACD looks favourable. The RSI still has some room to go, upwards-wise. The stochastics looks a bit suspect. So, be alert to the possibility of a new uptrend with some downside risks still present. Lets see if this view worth 2 sen or none at all....hehheh!
