RE: Churn looks az near az over!29 May 2026 09:08
Nice overview Trek. Thanks for sharing.
Purely looking at the charts, to my eye:
- We've just bounced off the lower end of a trend channel which has been in place since a low on 8th September 2025.
- MACD is flipping from bearish to bullish
- RSI is forming a new bullish trend (now 48.26 on the daily)
- We're below the 50day MA but if we can get above this( ~5.2p at the moment ), with above average volume then we should accelerate.
- We don't have as much trading data so you could argue the technicals are less relevant, especially as many can't buy on their platform of choice at the moment.
Take my view with a pinch of salt, but I am bullish.