Wednesday, December 16, 2015

Yuuzoo: Rebound from 0.190 support, making its way up again?

Now at 0.200, is reversal on the cards? Let's watch...

Sent: Tuesday, December 15, 2015 9:53 AM
Subject: ********* Yuuzoo: May have found a bottom if 0.190 holds.... price 0.195

Yuuzoo has kind of rebounded from the 100 DAY MA line today with a trade back above the 0.190 resistance turned support level now. As long as 0.190 is the support, we can expect a trade back to 0.200 then 0.25. Price action looks positive with a doji seen over the past few days which can suggest a reversal.  Stochastic looking oversold after the downward movement for the past 3 weeks and may start to turn up.

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