MOTR Motricity Daily Chart Oversold Falling Wedge Positive Divergence

Motricity daily chart setting up for a strong positive divergence bounce. Price will need to drop below that thin black line, right where it is at now, say 7.48, to click in the positive divergence, but for all purposes, it's there now. Considering that positive divergence popped it only days ago, price could pop again anytime now.

The blue line lower rail of the falling wedge targets 7.3 as a low possibility. MOTR is on the launch pad, getting fueled up for the launch from the 7.3-7.7 area. Initial target would be the 20 MA at 8.2-8.3, and then higher. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.