Jun. 24 at 8:35 PM
$HITI the 200 dma held even at
$2.54 today,
and the 50 dma rose fractionally to
$2.30+
as the Death Cross gap held even at ~24 cents between the two.
VWAP rose to
$2.19
closing price rose to
$2.19
Volume was less than the 10-day average volume,
and the general market was very green
As long as the VWAP stays near or above the rising 200 dma & above the rising 50 dma, they will continue to rise going toward another Golden
Cross, which should hit by the beginning of August at the latest, imo.
After the usual end-of-month slump, price 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, along with possible near future word from the White House.
Can we break thru the
$2.40ish resistance in July?
Time will tell
