Absolutely, great job MODS! Yes a close above the
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Posted On: 06/21/2019 4:54:04 PM
Absolutely, great job MODS!
Yes a close above the 50DMA next week for at least three days would be a good strong base of support, and with the MACD the last three days show bars on an Accumulation upswing, we have a good shot. Being mindful that stocks do not go straight up, once we are very short term overbought we could 'back and fill' some which is healthy but in an overall UP direction. Our RSI is up to 56.52, looking back a few years in the charts, when RSI gets above 70, we pull back some.
looking good!
enjoy the weekend all!
Yes a close above the 50DMA next week for at least three days would be a good strong base of support, and with the MACD the last three days show bars on an Accumulation upswing, we have a good shot. Being mindful that stocks do not go straight up, once we are very short term overbought we could 'back and fill' some which is healthy but in an overall UP direction. Our RSI is up to 56.52, looking back a few years in the charts, when RSI gets above 70, we pull back some.
looking good!
enjoy the weekend all!
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