Jul. 11 at 2:29 PM
$COSM Bullish signs
$NVDA $TSLA
* Possible bottom formation: The stock appears to have put in a low around
$0.16 and has been making higher lows since then. That’s often the first sign that selling pressure is easing.
* Moving averages converging: The 25, 50, and 100 SMAs are all clustered around
$0.31–0.32, while the 200 SMA is around
$0.34. When moving averages compress like this, a strong move often follows.
* Recent momentum: Price has rallied from about
$0.18 to
$0.30, showing buyers have stepped in.
