As with many things in life, nothing is certain, but I’m remaining bullish after this stock bottomed in early 2016. At first glance we have a possible bear flag forming…

TRIX is showing a build in momentum though, and the MA(50) is rising towards the MA(200) after the recent uptrend in price. We’ve just tagged the MA(50), and a bounce here would be encouraging. You can look at differently though…

Now that looks like an inverse head and shoulders to my eye, which would mean we need to breach the neckline decisively. If reverse symmetry applies, the next few weeks/months would be pretty exciting. On a non-log scale, you can see what I mean…

I should say that in my view, I would never invest large sums in stocks like these, but I have a handful of these kind of plays – keeps things interesting !