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Citrati

12/11/24 11:05 AM

#11490 RE: Citrati #11489

Well here is how the blue box played out since the 7th. Today hasn't finished yet and it will be the close that is important.
That said, as of this moment all short term ema's and ma's of midlines have rolled over. EMA's are now negatively stacked and potential for them to increase downward price pressure will grow if they are still that way at the close.
Could be a very nice buy the dip opportunity coming for those with trading shares besides hold'em shares.

If one looks at the post linked to this one and click on the live stockcharts link you will see in the blue circles that trend has not yet broken down, while momentum is in danger of rolling over. Just a reminder that CMF, A/D and OBV don't update until days close.