What I'm looking at
Just the way things are I see there's a downwards wedge. Might not mean much but it still alligns with where I believe it will get to.
On another thought, the way things are moving recently seem to resemble waves which is ironic.
50MA seems like it's becoming more like resistance rather than support which it was like last week.
100MA is fast approaching and we can see what happened when it tested it on 8th June.
And with that last thought, this days close is the same as 30th April and I'll let you see for yourself what happened after that.
Again, this is just my opinion and what I believe will happen.
Enjoy your weekend! :)
On another thought, the way things are moving recently seem to resemble waves which is ironic.
50MA seems like it's becoming more like resistance rather than support which it was like last week.
100MA is fast approaching and we can see what happened when it tested it on 8th June.
And with that last thought, this days close is the same as 30th April and I'll let you see for yourself what happened after that.
Again, this is just my opinion and what I believe will happen.
Enjoy your weekend! :)
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