yep mia, and like I said below, what I've noticed over time is
that is price has been trending above or even below an MA for a
long time, when it finally tests it, price generally reacts off it
at least for a trade, the 50 MA hasn't been tested since Jan.
The key will be how the bounce plays out, I'll be monitoring
resistance levels and intra day charts
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Posted by mla127 on 25th of May 2016 at 02:57 pm
The 50MA be like ... "Got your back Bro" ... !!!! Bombs away from the rising 50 ...
yep mia, and like I
Posted by matt on 25th of May 2016 at 03:03 pm
yep mia, and like I said below, what I've noticed over time is that is price has been trending above or even below an MA for a long time, when it finally tests it, price generally reacts off it at least for a trade, the 50 MA hasn't been tested since Jan. The key will be how the bounce plays out, I'll be monitoring resistance levels and intra day charts