Heisenberg
@Mr_Derivatives
Daily Stock Market Commentary. Both Long/Short Ideas. Stats, Trends, Patterns Recognizer. Mostly Technical Analysis. Not Financial Advice.
Joined January 2018
425 Following 630.6K Followers
$EWY right at the 50dma.
$SMH right at the 50dma.
$SOXX right at the 50dma.
$MU right at the 50dma.
$SNDK right at the 50dma.
Gonna be a fun week to trade these again.
Will the 50dma act as a springboard for further gains or will the 50dma cap current gains and we see some sell pressure?
One thing is for sure, price don’t just hover around the 50dma for long. Expect volatility around major moving averages.
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