I would look for support around the 11 DMA....
Post# of 21
Posted On: 10/12/2016 3:42:25 AM
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:
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