This is an interesting looking chart and as you stated it has gone well above the 50 MDA but that is going up as well. If this does go down to cool off a bit, I expect it will not stay at the 50 MDA (.19) for very long because there is cash on the sidelines ready to pile in.
If it does go down to .19 level that would be a good entry point. I keep waiting for a pullback but they have been short lived as people continue to pile in. Looking to add in more but I do not want to chase!
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