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AllTheHype

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AllTheHype

Re: Nirvana post# 12098

Wednesday, 04/22/2020 9:56:41 AM

Wednesday, April 22, 2020 9:56:41 AM

Post# of 35207
Pretty far from 20 dma at this point, particularly with it opening out of yesterday's range. I suspect back up to 50 dma after building an early bottom tail on this candle.

It is pausing at each and every support level. Not the type of scenario that would translate to bear momentum. At some point it will find a support it likes and generate some UP.
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