Its coming to another pinching point where we could see another breakout upward like we did around the 25th . RSI is sitting at 50 so overall its balanced as far as buying and selling. Its had a good run so far so I'm curious to see what happens over the next day or two.
Comments
bobhorn
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Yep. It did the exact same thing back on the 22-23 that it is today before breaking above that 200 day EMA. Im hoping history repeats itself and we climb above that by the end of the week
MichaelOwens
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if you look at the daily chart, the price is bumping up against resistance at the belly of the 200 day ema.
bobhorn
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Yep. It did the exact same thing back on the 22-23 that it is today before breaking above that 200 day EMA. Im hoping history repeats itself and we climb above that by the end of the week. New to this commenting thing:)