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Posted On: 07/18/2019 10:33:27 AM
Post# of 75066
RMHB bounced right off daily 50 WMA (weigthed moving average: meaningwe take into account the number of shares traded at what price...so no cheating allowed)
beautiful!, just perfect bounce.
https://www.tradingview.com/x/wr3AZZtQ/
the break of 50 WMA means we need more consolidation, in the case of a delay in news (or in a delay of when we expect news) the most probable scenario is a slow bleed.
If the 50 WMA is respected the most probable scenario is a test of weekly 50 WMA (0.1349)
https://www.tradingview.com/x/ejmQJ7YR/
beautiful!, just perfect bounce.
https://www.tradingview.com/x/wr3AZZtQ/
the break of 50 WMA means we need more consolidation, in the case of a delay in news (or in a delay of when we expect news) the most probable scenario is a slow bleed.
If the 50 WMA is respected the most probable scenario is a test of weekly 50 WMA (0.1349)
https://www.tradingview.com/x/ejmQJ7YR/
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