A daily close above the 200 EMA would be a clean signal for $IO. Right now we're just grinding higher lows — which is fine, accumulation phase — but the real setup is that breakout above the moving average. That's when the trend flips from "maybe" to "confirmed."
Until then, it's patience. Higher lows show buyers stepping in, but the 200 EMA is the line that matters for longer-term positioning. If it breaks and holds, that's your entry or add. If it fails and rolls over, you size down or wait.
No need to force it. Let the price do the work.
Until then, it's patience. Higher lows show buyers stepping in, but the 200 EMA is the line that matters for longer-term positioning. If it breaks and holds, that's your entry or add. If it fails and rolls over, you size down or wait.
No need to force it. Let the price do the work.
