Jul. 14 at 8:32 PM
$HITI the 200 dma held even at
$2.55
today,
and the 50 dma held even at
$2.31-
as the Death Cross gap held even at ~24 cents between the two.
VWAP held even at
$2.38
closing price rose to
$2.40
Volume was less than the 10-day
average volume,
and the general market was green.
As long as price stays above or near the rising (but flattening) 200 dma &
above the (now falling) 50 dma, they'll eventually rise toward another Golden Cross, which should hit by
the beginning of August at the latest, imo, unless prices too low make them fall.
Starting July ist, prices should stairstep up in the coming weeks/months as we see-saw consolidate
amidst new store opening news, etc., while waiting on the Germany deal news, which the next legs up hinge on, alongside near future word from
the White House.
Can we break thru the
$2.40ish resistance in July?
It started happening intraday on 7/10, and it happened intraday again today. Mid-month short report cover dip likely tomorrow, imo.
Time will tell
