BTFD or GTFO?, page-11

  1. 3,721 Posts.
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    US500
    20 week EMA respected...

    https://hotcopper.com.au/data/attachments/6152/6152869-dfc52322a6e3e8c7f142bc333a329355.jpg


    While Daily chart has recovered 20 EMA, 50 MA, and the channel...

    https://hotcopper.com.au/data/attachments/6152/6152873-28cc8682094bf4cd2f41132ddbaaab92.jpg


    Only thing I don't love is the gappy last 2 sessions,
    where it's gapped over the 20 EMA and channel bound,
    then gapped over the 50 MA (purple).

    However, gapping over resistance levels is a common feature in breakaway gaps, which are often not filled.
    So I'll let my bets run for the time being, with fingers crossed.



 
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