Price action is holding MA 20 line (Moving Average) on MAY-27 at $140 and also holding JUNE-5 at $150
Most of the time, having these SIMPLE BASICS of what is the Dynamic Support Levels (DSL) based on Moving average lines is ALL what we need when panic hits such as MAY-27 and JUNE-5
On those days , keeping clam and holding the positions ( or starting new BUY positions if not holding already) is what is needed knowing these DSL .
Same way we can Have Dynamic Resistance Lelvels (DRL ) based on 'Day high prices'
Most of the time, having these SIMPLE BASICS of what is the Dynamic Support Levels (DSL) based on Moving average lines is ALL what we need when panic hits such as MAY-27 and JUNE-5
On those days , keeping clam and holding the positions ( or starting new BUY positions if not holding already) is what is needed knowing these DSL .
Same way we can Have Dynamic Resistance Lelvels (DRL ) based on 'Day high prices'