š” $KOMA The daily chart is above MA50š„
Donāt rush into itāunderstand moving averages before taking actionš
Moving averages themselves can also act as dynamic support and resistance: when the price is above a moving average and pulls back toward it, many people watch to see whether it can hold.
The same reading can mean very different things in different market conditions, so donāt blindly apply a one-size-fits-all rule.
#KOMA
Donāt rush into itāunderstand moving averages before taking actionš
Moving averages themselves can also act as dynamic support and resistance: when the price is above a moving average and pulls back toward it, many people watch to see whether it can hold.
The same reading can mean very different things in different market conditions, so donāt blindly apply a one-size-fits-all rule.
#KOMA
