Dead cat bounce?, page-48

  1. DmitriMA
    3,419 Posts.
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    22/01/22
    12:33
    Post #: 59059518
    Well here we are again, back down to the Feb 20, 2020 highs...
    (which were: Intraday 7197.20, Closing 7162.50)


    https://hotcopper.com.au/data/attachments/4012/4012162-952dd696674952d1d30a5ebaf78d0250.jpg


    But this time definitively below the 200 day MA
    (40 week MA on chart below)
    for the first time since late 2020...

    https://hotcopper.com.au/data/attachments/4012/4012163-b9723ca89cfb32f8c187f94e8381a8e5.jpg

    I'd say this is an important spot right now...

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    lightbulb Created with Sketch.  Great analysis
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