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bud_fox

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bud_fox

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Friday, 02/08/2019 11:33:02 AM

Friday, February 08, 2019 11:33:02 AM

Post# of 60834
Here is another one of my theories. Technically, the chart has been set for a bullish move upward for a couple of weeks. The 50-day moving average is inching ever so close to the 200-day moving average which is extremely bullish. The macd has been above the signal line and the RSI is in perfect position. I also believe the market makers continue to load shares and wait for the release of news on the cold can coffee and cold bottled iced tea before letting it rip. They continue to channel trade it without disrupting the chart too much. Just my opinion.
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