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Sojourner55

04/13/22 12:10 PM

#459472 RE: Nick119 #459464

Nick, moving averages are lagging indicators and move behind price. The 50MA moves faster than the 100MA and so on. The fact that it crossed over is bullish. The slope of the 50MA is leveliing off and will turn up once price resumes upwards and so will the 100 which has just started to flatten.

Close up view of 3 MAs ( MAs are just reference points and useless for trading)