After a large run from 11 cents to 51 cents, the CrowdGather chart has been consolidating in a range bound channel. Support is in place at 28 and 27 cents with limited resistance if the pps can move through 36 cents, which offers a better than 20 percent upside just to that point. The MACD is ready to drop a bullish cross and key indicators of momentum, such as the Full Stochastics and the Relative Strength Index are signaling that upward pressure is at hand. The stock price is holding the 200 day simple moving average, a sign a strength in the chart with the 50 dma just ahead at 31 cents. The consolidation is getting a little long in the tooth, which should have traders on alert for a sharper move as the pps looks to break the channel.

CrowdGather (CRWG) Stock Quote and News:

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