Posted On: 10/12/2016 3:42:25 AM
Post# of 21
I would look for support around the 11 DMA....
I play around with Moving Averages....in an uptrend I find its typically somewhere around 10 that support is found...so I'll look at 8, 9, 10....12, 13
With RVXCF it seems that 111 might just be the magic #. If it bounces off that level again I very much like the chances for a higher high. Hopefully the next run takes it to $2 before pulling back again.
I'll see if I can post a chart:
I play around with Moving Averages....in an uptrend I find its typically somewhere around 10 that support is found...so I'll look at 8, 9, 10....12, 13
With RVXCF it seems that 111 might just be the magic #. If it bounces off that level again I very much like the chances for a higher high. Hopefully the next run takes it to $2 before pulling back again.
I'll see if I can post a chart:
(0)
(0)
Check out my blog if you like: Avoid The Bag
Scroll down for more posts ▼
