ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (45210)	11/30/2021 5:53:03 PM
From: Sun Tzu	Read Replies (1) of 96677

Here's a chat to demonstrate what I was telling you about MA and stocks before. schrts.co At this moment, the 50D SMA of INCY is solidly pointing down. As is the RSI. IF however the stock keeps climbing, likely in a couple of weeks (or a month) the chat will change to show that the stocks jumped above the 50DMA and that the 50DMA was pointing upwards. So everything was just perfectly aligned for this moment to be the buy time. However, right now you cannot read that from the MA. For all we know it could gap down below the line tomorrow and anyone who bought it will look like a fool.

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