InvestorsHub Logo
Followers 275
Posts 32167
Boards Moderated 0
Alias Born 02/14/2014

Re: chemist72 post# 56849

Friday, 07/15/2022 8:35:19 AM

Friday, July 15, 2022 8:35:19 AM

Post# of 67679
Again first close above the 50sma since March 3rd, that alone is significant and a definite change in the trading pattern

The red line below is the 50sma, look at how many tests it has had and failed to break or close above the 50sma, then it was the 20sma (yellow line) which was consistent lower resistance.