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Tuesday, 06/25/2024 4:28:26 PM

Tuesday, June 25, 2024 4:28:26 PM

Post# of 6906
Trying to fight back over its Moving Average line

When a share price falls below the MA line, I watch for the 'challenge' that has to take
place to take the pressure off the price. Last Friday, the price pushed up against the MA line
That was good to see, but yesterday/today whats quite normal occurred. The MA line 'won' the
first skirmish.
But in a sign that there is 'demand' for the shares, there will be another challenge made and maybe
Jagx doesn't win the next one either. But what I look for is for when it finally breaks thru, for what tends to
come next. And thats that as the MA line shifts from a negative slope towards neutral and then tilts slightly positive?

Will it start to help 'LIFT' the share price up. Thats when these CORRECTION PHASES gets to be fun.
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