MCF Potential Bullish Reversal

21. März 2017

AMEX:MCF In the recent past after an Earnings Report it has rallied even if it was a bad ER. Its in a price range it was in from 2/01/16 - 3/02/16 and when it broke out of that range it rallied for 2 weeks. Price Oscillator just positively crossed over its moving average and if it continues to break out it could be a buy signal. RSI just made a higher high and higher low coming out of the oversold level. MACD is converging positively on the signal line a crossover could be a buy signal. A Parabolic SAR crossover could also be a potential buy signal. If it does breakout im expecting resistance near one of the green trendlines (1/3 line, 2/3 line, and previous resistance).