ClayTrader

[VSAStory]

The price dropped below the 50 just yesterday. Hope nobody thought that was bearish cause they would've missed the recent move.

The location / origin of a strong move in the chart is at $0.165-$0.17.
That is where the last move started and buying pressure came in. That is where additional buying or averaging down would be for anyone who bought $0.20s.

Just my opinion but the moving avg is great for showing trend but is a lagging indicator which does not show areas of buying on the chart.

I have heard you say before previous areas of resistance become support so why not $0.165-$0.17?

Do you see how saying it needs to respect the 50 line can through novice traders off the trail?

$0.17 is support I expect it to be tested but I will hold regardless. This next move will be bigger than people expect.