$MOVR is up 8.1 percent today and I am not touching it. One number is why
Trading at 2.0850 right now sitting right at 98 percent of the daily range
Volume is dead at only 0.3x the weekly average so this push has no real weight behind it
An hourly close and hold above 2.0020 would change my view
Or a pullback that holds the 1.8070 low and actually bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $MOVR here, or waiting for 1.8070
#MOVR #RiskManagement
Trading at 2.0850 right now sitting right at 98 percent of the daily range
Volume is dead at only 0.3x the weekly average so this push has no real weight behind it
An hourly close and hold above 2.0020 would change my view
Or a pullback that holds the 1.8070 low and actually bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $MOVR here, or waiting for 1.8070
#MOVR #RiskManagement