InvestorsHub Logo
Followers 138
Posts 6558
Boards Moderated 2
Alias Born 08/01/2009

Re: justbecause516 post# 971

Wednesday, 08/02/2017 10:40:02 AM

Wednesday, August 02, 2017 10:40:02 AM

Post# of 1599
I agree, the trend is your friend and I see higher lows for the entire year. I also see a 50 day moving average angling very sharply upwards and located well above the 200 day moving average. The past nearly 2 months has been, imo, bullish consolidation while the bulls and bears battle it out at this general range. Once the battle is over we'll likely see follow through either up or down, depending on which side wins this battle. I say the fact that it's basing so closely to it's long term highs is incredibly bullish and is a strong sign that it's setting up to breakout soon, but I also know that a dip back to 01 is possible and wouldn't ruin the chart either, it would just be a deeper pullback than I was accounting for. I don't expect to be able to load more at those prices, but I wouldn't argue if I got that opportunity either.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CETY News