CWT

Still in an uptrend, above its MAs. Recently worked off its overbought condition:

Resistance zone at 96 to 99c (previous high, as well as from previous year). Clear after than, till $1.17.

What prevents me taking a position?

• market direction unclear.
• Ideally I would like to see another peak, so a clearer resistance-trendline (triangle) can be drawn. But this stock has not historically behaved like that.... too jumpy, short consolidation periods.
• Possibly buy on clearer market direction and 4-red/1-green.

Note, stock quite illiquid, may have to take half position only.