For those who think TA has some merit (or a lot) I will give us a daily update on where the DMAs are, 50 and 200, using simple moving averages. For those who think TA is a joke or a waste of time....no worries, just ignore these posts.

Thursday Sept 29th: 50 DMA $1.35 - 200 DAM $1.39...4 cents to intersection, hmmmm...I feel like an Ensign on the Entreprise putting it that way :-)

Two days ago on the 27th the 50 DMA was at $1.32 so it climbed 3 cents in 2 days. The 200 was still at $1.39 two days ago.

If you check the GC that happened in 2015 take note of the fact that there were a couple of significant pullbacks after the event...