2022 BRN Discussion, page-4907

TBH FF, on Daily Moving averages:

200 MA- 0.58
100 EMA- 0.75
50 MA- 0.83
20 EMA- 1.30
10 MA- 1.54
6EMA- 1.75

On the daily timeframe:

It’s quite common for stocks even new leaders to test the 50MA on their run up.

So I’d be watching that closely.. If it can’t hold the 50MA price then it’s more than likely we will see 80c to $1 again..

Alternatively if the price on the daily holds above the 50, then the price could easily go a lot higher over the next year.

On the weekly timeframe:

The price should comfortably hold the 20EMA for the entirety of this run.. If not, then it’s also looking more likely to drop back to $1 or lower.

IMO and don’t take my word for it.. Thats purely what the chart tells you based on movements of stock leaders.