Quote from: Overed on November 30, 2014, 10:34:12 AM

Quote from: Don Flamenco on November 30, 2014, 04:13:49 AM

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.

We will not see any movement until release from the Devs.

Perhaps. Isn't it always pump on news, dump on release? With that, we'll rise this week and even if there is a dump on release, we'll be higher than where we are now. Notice even with last night/today's dumps, we're still looking good in the big picture. Still a higher low and still above the cloud. We're in a new, upward channel now.

http://i.imgur.com/hD1hClQ.png

Don Flamenco

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