Dukang

Dukang: stock is up 9.5% at $0.23. Today’s bullish candle (may turn out to be a more positive Marubozu candle if it closes at the day high) could indicate a reversal of the downward trend. Also positive that RSI and MACD have also hooked up to climb up from oversold levels, with Stochastics poised to do the same. Traders who decide to “play the bounce” may see price test resistance at $0.25 followed by $0.30. Keep a strict stop loss if prices break below $0.20, or if the key indicators start to tilt back down.