Dinner’s served—today’s little candlestick-chart note: $BULLA broke below the MA200 (0.03452) on the daily chart, but the current price of 0.03731 is back above the moving average. 24h: -10.78%.
Moving averages are inherently lagging indicators, much like my decision-making.
Seriously, many people use the daily closing price to confirm a move above or below the average. It’s not unusual for the price to cross it intraday and then move back.
Don’t change your original pace just because of a number, and don’t use borrowed money to test a reading.
This is not a recommendation. Make your own decisions about buying and selling.
Moving averages are inherently lagging indicators, much like my decision-making.
Seriously, many people use the daily closing price to confirm a move above or below the average. It’s not unusual for the price to cross it intraday and then move back.
Don’t change your original pace just because of a number, and don’t use borrowed money to test a reading.
This is not a recommendation. Make your own decisions about buying and selling.
