For the first time in a long time, we have several positive indications of upward movement.
1) a higher low than previously. This makes upward support
2) We are now above the Ichimoku Cloud - that means support (though it is thin)
3) Channel breakout. We're now out of the downward channel (also supported by #1)
All these things point to a good week ahead.
http://i.imgur.com/hD1hClQ.pngChart is behaving just like I said it would. Small rise, short sell, another rise now. Just wish there was more volume. I think that will come as we get closer to release and people start noticing BAY more.
