Long Term Update: MtGox Weekly Chart

As i said in the last post, for the first time in five months the weekly moving average i use turned bullish and also  the inverse Fisher Trasnform Relative Strength Index or RSI crossed the buying thresold located at -0.5  confirming the weekly uptrend.

I think this is a nice buying opportunity like the other one happened in mid april at ~0.7$; now the next step is to break the first important static level at 4$, a move that will bring more buying power so to reach a first important target in the 7$ zone.