Feb-6: In hindsight, I was overzealous on the expected sell-off pressure to hit on Feb. 1; instead, it hit on Jan 31st. And it bounced off the 50-day MVA, but at a price target I was not expecting, but I also hadn't watched this one evolve.
Either way, it's not a bad theory to watch for the MVAs and the price action.
Either way, it's not a bad theory to watch for the MVAs and the price action.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.