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Notice the following on the weekly chart
-- Prices have crossed over the 10 day SMA
-- The MACD is now reversing
-- The RSI is rising
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Notice the following on the daily chart
-- Prices are now above the 50 day SMA
-- The 10 day SMA has crossed over the 20 day SMA\
-- The RSI is rising
-- The MACD has been rising for the last two months
Bottom line: this chart looks like it is turning around.
