Mirach Energy (technical)

Mirach Energy - Technicals seem to suggest the beginning of a rebound. Prices are supported by lower upward sloping trend channel and resisted by upper downward sloping trend channel. Prices rebounded yesterday after testing and closing about lower trend channel the day before. The MACD chart also shows the stock gaining momentum. An examination of the volume and OBV chart also shows investors more enthusiastic in buying than selling.