Yes, yes it’s an extremely bullish characteristic.
I trade on the EMAs solely. I only chart based on the Friday close exponential.
I do most of my buying during the auctions as well. I buy big!
Running around blindly in circles drawing squiggly lines based on retail level middle of the day trading is not good enough mathematics for me. If the data isn’t paydirt to start with then your dealing with a chart that is off course!
But what do I know? I only trade a personal account into the hundreds of thousands every day!
It takes me 15 seconds to a chart. Any longer than that it’s not a good trade - it doesn’t make the cut.
DYOR
BAL Price at posting:
$8.79 Sentiment: Hold Disclosure: Held