1) I drew Resistance Line of RSI iIndicator and it was broken in November.
2) I drew Resistance Line of Momentum Indicator but its resistance line wasn't broken yet. We will see what will happen this month.
3) I drew Resistance Line of CCI Indicator and it was broken in November.
4) On DMI Indicator ADX is less than 20. We do not have strong trend. Also +DI cut above -DI. It is buy sign.
2) I drew Resistance Line of Momentum Indicator but its resistance line wasn't broken yet. We will see what will happen this month.
3) I drew Resistance Line of CCI Indicator and it was broken in November.
4) On DMI Indicator ADX is less than 20. We do not have strong trend. Also +DI cut above -DI. It is buy sign.
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Resistance line of Momentum was broken this month.
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Wait a little bit! SONO can go sideways or downside but will increase after resistance line of RSI breaks.
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Still wait. No position.
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Monthly Chart. Momentum has critical point!