Tuesday, April 09, 2024 4:06:06 PM
Although it doesn’t really matter in the scheme of things because we already broke through the 50 day.
A third makes for a strong reversal. But look at history to see that last 3 white soldiers were burried by Yorkville or others.
My guess is, we may break through the 200 day moving average temporarily, but we will follow the 50 day moving average north
If I was a big player and wanted lots of shares, I’d be buying at the 200 day moving average, Or just above it.. So hopefully I see lots of volume up there.
https://www.thinkmarkets.com/en/learn-to-trade/indicators-and-patterns/general-patterns/three-soldiers-black-crows-candlestick-pattern/
Follow the Technicals, or be Fundamentally too late to the Party.
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