3309 Drysdale Ct
Edwardsville, IL 62025
I am trying to understand how this 20/50 squeeze different from
coolhat, In April, price was able to REGAIN it's 20 day MA but
on this most recent attempt it FAILED. I have discussed this
in prior newsletters so hopefully that answers your
Thanks, Steve. So, while there was an a-b-c pullback in April,
the price regained the 20-day MA after a brief consolidation
whereas, now it did not yet. Is it possible that after some
consolidation here, the price may regain20-day MA?
Sure but it will likely take some time after a DECISIVE break.
Respect what is unfolding on the charts and adjust as
necessary when the evidence supports.
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