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Healthway Medical closed at 16c today on low volume. This is the highest closing price in a month or so. MACD has crossed above zero, marking the return of positive momentum. The MFI has crossed 50% and is rising. This indicates positive buying momentum. OBV rises ever so slightly, indicating accumulation. The trading volume has to expand to make any upward movement in price sustainable.
In the near term, any upward movement in price should meet with initial resistance at 17c, followed by 17.5c.
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