I can't take credit for this chart as its claytraders'. I can however tell you that today's price action turned the moving avg that was previously an area we could count on the price not dropping below into the area we must break to see the run continue. .15 and .16 are also areas we need to get above In order to see the run continue.
If it drops below today's low however, it will see .10 before we ever break the above resistances.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.