AI
Thursday, September 05, 2013 12:12:18 PM
quick chart lesson
see that dotted purple line? That is the EMA 200 which is probably the tuffest resistance to get above, and probably the best support line on pullbacks.
That is why NHYT has tried multiple times to get, and stay, above that line.
Well... this week we are trying to get above that line again, and if we succeed it will be a significant accomplishment, and that super tuff resistance point will become a major support line
see that dotted purple line? That is the EMA 200 which is probably the tuffest resistance to get above, and probably the best support line on pullbacks.
That is why NHYT has tried multiple times to get, and stay, above that line.
Well... this week we are trying to get above that line again, and if we succeed it will be a significant accomplishment, and that super tuff resistance point will become a major support line
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