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Saturday, March 10, 2018 7:47:49 AM
Look at how the pps responds off the 50 day mov average every time on way up. Every time the pps over extends the 50 day moving average it corrects itself by finding support off the 50 day mov average bouncing/re setting for next leg up off that 50 day.
Look @ where the accumulation starts to flip, right off that 50 day mov avg
Look @ where the RSI starts to flip back up, right off the 50 day mov avg
It's also important to pay attention to the chart pattern with higher highs and higher lows forming each level as we go up. Look at the pattern of Candles prior to each leg up. This is how you build a chart!
That late Friday Doji Candle is very telling to me as someone who does pay attention to charts.
Clay doesn't guarantee anything but his video chart perfectly explains this which is why he says it would not surprise him to see this go back up.
Sorry I am not great with posting pics here otherwise i would post better chart instead of a link. lol
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