Wait, weren’t you waiting for it to get above the 9ma at $1.51? Now it’s $1.56
If the price just sits and flounders up and down doesn’t it becoming a self fulfilling prophecy?
For the 9 day moving average to now get to $1.56 obviously we would need to start sitting above that in the 1.60s for the next 2 weeks to allow 9 days of an average between current ($1.51) and where we’d need to be sitting (say $1.65) which would put you at $1.56
Then the goal post will get moved again.
RAC - Charts & Price Action, page-20990
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