The 50 day moving average and the 28 day moving av

The 50 day moving average and the 28 day moving average are trending upward. They have been setting the boundaries in the current trading range. the 50 moving average seem to be the bottom of the trading range and the 28 day moving average seem to be the upside resistance. I noticed this over the last several trading days that this is the case. So I expect the momentum of the stock will cause this to continue even with reduced volume. These things are common sense but this trend will last until positive new comes out. For now we can use this to make some well placed buys and continue to accumulate shares.
God bless