Looks of bullish signals on ONT. MACD , 5/12 EMA cross, RSI touching 70, OBV rising. We closed over the 50-day EMA, bumping against resistance at the 100 EMA. We move past that and there isn't any meaningful resistance until we hit the 200 day EMA, currently around 1.58, so serious growth potential on that move. If we reject from resistance, we may see a little bit of a pullback or retrace before heading north again, could make for a better entry price.
Worth watching.
Set up invalid if we close below .65
Worth watching.
Set up invalid if we close below .65
Commentaire:
This is playing out well so far.