I heard people shouting that we are entering a bear market, this is the top, etc. ( Happens every 2 weeks or so).
However, every drop since the pandemic crash so far only went down to 20 or 50 daily ma.
This is why, unless we break 50ma, every drop is a dip buy.
However, every drop since the pandemic crash so far only went down to 20 or 50 daily ma.
This is why, unless we break 50ma, every drop is a dip buy.
Note
Looks like we are bouncing from 20ma. We will have to wait for today's close to know for sure.Trade closed: target reached
Back to ATH :)
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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.